BBVA Carlos Torres Vila
Chair
2
2023 has been a great year for BBVA, on which we continued
creating opportunities for everyone
3
Banks promote economic growth, channeling savings towards productive investments
4
In 2023 we expanded the scope of our activity, with a
greater positive impact on society
LOAN GROWTH
+7.6 | |
% | INCLUSIVE GROWTH |
FINANCING |
140,000
FAMILIES BOUGHT THEIR HOME
550,000
SMEs AND SELF -
EMPLOYED
70,000 15,000€M
LARGER
CORPORATES
channeled in the year
Note: annual loan growth in constant euros
We continue incorporating new customers,
more than 11 million this year
NEW CUSTOMERS ADDED EVERY YEAR
(BBVA GROUP, MILLIONS) | 11.3 | 11.1 |
8.7
7.1 7.2
5.1
2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
5
72 millions
active clients
Note: Gross customer acquisition through own channels for retail segment. Excludes the US business sold to PNC for comparison purposes.
Our pioneering strategy has allowed us obtain the best results of our history
6
NET ATTRIBUTABLE PROFIT
8,019€M
ATTRIBUTABLE
+26%
vs. 2022
PER SHARE
+32%
vs. 2022
7
We generate value for our shareholders
PROFITABILITY | BOOK VALUE GROWTH |
(ROTE, 2023) | (BOOK VALUE + DIVIDENDS |
€ / SHARE, VS. DEC.22) |
12% | +13% |
EUROPEAN PEERS | EUROPEAN PEERS |
Note: European Peer Group: BARC, BNPP, CABK, CASA, DB, HSBC, ING, ISP, LBG, NDA, SAN, SG, UCG.
8
We increase remuneration to our shareholders
CASH DIVIDEND
PAY-OUT2023 | € cts. |
55/share | |
50%of Net Attributable Profit | |
NEW SHARE BUYBACK | |
4,010€M | |
PROGRAM | |
781€M |
Note: Cash dividend gross amount.
9
One more year we increase our dividend significantly
CASH DIVIDEND
(€ CTS/SHARE)
+28% | SINCE 2021 | ||||||
55 | |||||||
26 26 | Apr.24 | 13,182 | |||||
39 | |||||||
31 | 43 | €M | |||||
distributed | |||||||
6 | 16 | Oct.23 | |||||
2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
14%
shares cancelled
Note: Cash dividend gross amount. 2024 April dividend pending approval from the governing bodies.
10
The market continues rewarding our strategy and results
TOTAL RETURN SINCE JANUARY 2023
+95%
+41%
SPANISH BANKS
+39%
EUROPEAN BANKS
01/01/23 | 03/13/24 |
TOTAL RETURN SINCE JANUARY 2019
+191%
+74% +39%
EUROPEAN SPANISH
BANKS BANKS
Nota: Total Return includes the evolution of the share price + dividends.
Note: European Banks: Stoxx Europe 600 Banks. Spanish Banks: BKT, CABK, SAB, SAN, UNI, weighted by market capitalization.
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BBVA - Banco Bilbao Vizcaya Argentaria SA published this content on 15 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 March 2024 13:18:01 UTC.
