BBVA Files 6-K for Q1 2024 Financials

TL;DR

BBVA dropped its Q1 2024 numbers, check the 6-K for details.

AI Summary

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) filed a Form 6-K on April 30, 2024, reporting its financial information for the three months ended March 31, 2024. The filing indicates that BBVA is a foreign private issuer and will file its annual reports under Form 20-F. The report includes a table of contents and a cautionary statement regarding forward-looking statements.

Why It Matters

This filing provides investors with an update on BBVA's financial performance for the first quarter of 2024, which can influence investment decisions.

Risk Assessment

Risk Level: low — This is a routine financial filing (6-K) that provides an update on the company's financial reporting status and period.

Key Players & Entities

• BANCO BILBAO VIZCAYA ARGENTARIA, S.A. (company) — Filer of the report
• BBVA (company) — Commonly known name for the filer
• March 31, 2024 (date) — End of the reporting period
• April 30, 2024 (date) — Filing date of the report
• Form 6-K (document) — Type of SEC filing
• Form 20-F (document) — Annual report form for foreign private issuers

FAQ

Filing Documents

• form6-kmarch2024.htm (6-K) — 1577KB
• logobbva.jpg (GRAPHIC) — 151KB
• 0000842180-24-000015.txt ( ) — 1786KB

From the Filing

Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the three months ended March 31, 2024 Commission file number 1-10110 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. (Exact name of Registrant as specified in its charter) BANK BILBAO VIZCAYA ARGENTARIA, S.A. (Translation of Registrant's name into English) Calle Azul, 4 28050 Madrid Spain (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F Form 20-F X Form 40-F BANCO BILBAO VIZCAYA ARGENTARIA, S.A. TABLE OF CONTENTS Page Certain Terms and Conventions 1 Cautionary Statement Regarding Forward-Looking Statements 2 Presentation of Financial Information 4 Business Overview 6 Operating and Financial Review and Prospects 14 Operating Results 14 Capital 37 Other M atters 39 Unaudited Condensed Interim Consolidated Financial Statements F- 1 This Form 6-K is incorporated by reference into BBVA's Registration Statement No. 333-266391 on Form F-3 and Registration Statements Nos. 333-240248, 333-228053, 333-217073, 333208728, 333199835, 333-191625, 333-185538 and 333-178186 on Form S-8 filed with the Securities and Exchange Commission (" SEC "). CERTAIN TERMS AND CONVENTIONS The terms below are used as follows throughout this report " BBVA ", the " Bank ", the " Company ", the " Group ", the " BBVA Group " or first person personal pronouns, such as "we", "us", or "our", mean Banco Bilbao Vizcaya Argentaria, S.A. and its consolidated subsidiaries unless otherwise indicated or the context otherwise requires. " BBVA Mexico " means Grupo Financiero BBVA Bancomer, S.A. de C.V. and its consolidated subsidiaries, unless otherwise indicated or the context otherwise requires. " Consolidated Financial Statements " means our audited consolidated financial statements as of and for the years ended December 31, 2023, 2022 and 2021, presented in compliance with International Financial Reporting Standards as issued by the International Accounting Standards Board (" IFRS-IASB "), as well as in accordance with the International Financial Reporting Standards endorsed by the European Union (" EU-IFRS ") applicable as of December 31, 2023, considering the Bank of Spain Circular 42017 (as defined herein), as well as its successive amendments, and any other legislation governing financial reporting which was applicable and with the format and mark-up requirements established in the EU Delegated Regulation 2019815 of the European Commission. The Consolidated Financial Statements are included in our 2023 Form 20-F. " Garanti BBVA " means Trkiye Garanti Bankas A.., and its consolidated subsidiaries, unless otherwise indicated or the context otherwise requires. " Latin America " refers to Mexico and the countries in which we operate in South America and Central America. " Unaudited Condensed Interim Consolidated Financial Statements " means our unaudited condensed interim consolidated financial statements as of and for the three months ended March 31, 2024 presented in accordance with International Accounting Standard 34 (IAS 34) as issued by the IASB and adopted by the European Union (" EU ") and included herewith. " 2023 Form 20-F " means our Annual Report on Form 20-F for the year ended December 31, 2023 filed with the SEC on March 1, 2024. In this report, " $ ", " U.S. dollars ", and " dollars " refer to United States Dollars and " " and " euro " refer to Euro. 1 CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS This report contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the " Securities Act "), Section 21E of the U.S. Securities Exchange Act of 1934, as amended (the " Exchange Act "), and the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the use of forward-looking terminology such as "believe", "expect", "estimate", "forecast", "project", "anticipate", "should", "intend", "probability", "risk", "VaR", "target", "goal", "objective", and "future" or by the use of similar expressions or variations on such expressions, or by the discussion of strategy or objectives. Forward-looking statements are based on current plans, estimates and projections, are not guarantees of future performance and are subject to inherent risks, uncertainties and other factors that could cause actual results to differ materially from the future results expressed or implied by such forward-looking statements. The accompanying information in this report, including, without limitation, the information under the items listed below, identifies important factors that could cause such differences " Business Overview " and " Operati

View Full Filing

View this 6-K filing on SEC EDGAR