The result includes the impact of temporary tax on banks, which amounted to 285 million euros.
The BBVA Group has closed 2024 with a net profit of 10 054 million euros, 25.4 % more than the previous year, more than 10 billion, promoted by the interest window and net commissions, according to the entity of the National Securities Market Commission (CNMV (CNMV (CNMV (CNMV CNMV (CNMV (CNMV (CNMV (CNMV (CNMV (CNMV (CNMV (CNMV) informed on Thursday.
The result includes the impact of Temporary right of retention for bankswho has promoted 285 million euros, as BBVA has indicated.
He interest rate (the one who collects almost all income) has grown by 9.4 %, to a record of 25 267 million, driven by dynamics in credit permit, while the Netto margin It has risen by 23.5 % by 21 288 million euros.
The Profitability on their own funds (ROE) reached 18.9 % while the Profitability on tangible capital (Rote) was at 19.7 %, “considerable”, above the goal of 14 % that the bank had marked for the closure of 2024.
He Gross margin closed at 35,481 million euros, with an increase of 20.1 %, and operating costs In 14 193 million euros, with an interanual growth of 15.3 %, due to the growth of the workforce in all regions and the highest level of investments in recent years.
Source: EITB
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