BBVA Files 6-K Report for December 2024
Ticker: BBVXF · Form: 6-K · Filed: Dec 11, 2024 · CIK: 842180
| Field | Detail |
|---|---|
| Company | Banco Bilbao Vizcaya Argentaria, S.A. (BBVXF) |
| Form Type | 6-K |
| Filed Date | Dec 11, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: reporting, foreign-issuer, sec-filing
TL;DR
BBVA filed its monthly 6-K, confirming 20-F annual reports and Madrid HQ.
AI Summary
Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) filed a Form 6-K on December 11, 2024, reporting for the month of December 2024. The filing indicates that BBVA is a foreign issuer and will file its annual reports under Form 20-F. The company's principal executive offices are located at Calle Azul 4, 28050 Madrid, Spain.
Why It Matters
This filing provides routine updates for investors and regulators regarding BBVA's status as a foreign issuer and its reporting schedule.
Risk Assessment
Risk Level: low — This is a routine administrative filing with no new financial or operational information that would typically impact risk.
Key Players & Entities
- BANCO BILBAO VIZCAYA ARGENTARIA, S.A. (company) — Registrant
- BBVA (company) — Commonly known name for Registrant
- Calle Azul 4, 28050 Madrid Spain (location) — Principal executive offices
- Form 20-F (document) — Annual report filing type
- Form 6-K (document) — Report type
FAQ
What is the purpose of this Form 6-K filing?
This Form 6-K is a report of a foreign issuer pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934, for the month of December 2024.
Which annual report form does BBVA file?
BBVA indicates it files annual reports under cover of Form 20-F.
Where are BBVA's principal executive offices located?
BBVA's principal executive offices are located at Calle Azul 4, 28050 Madrid, Spain.
What is the filing date of this report?
The filing date (FILED AS OF DATE) is December 11, 2024.
Is BBVA submitting this Form 6-K in paper format?
No, BBVA is not submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1).
Filing Stats: 520 words · 2 min read · ~2 pages · Grade level 8.3 · Accepted 2024-12-11 15:18:11
Filing Documents
- d850124d6k.htm (6-K) — 33KB
- g850124g1211234450334.jpg (GRAPHIC) — 3KB
- 0001193125-24-275423.txt ( ) — 38KB
From the Filing
6-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 6-K REPORT OF FOREIGN ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of December, 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 Registrants 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-FXForm 40-F Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): Yes NoX Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): Yes NoX Banco Bilbao Vizcaya Argentaria, S.A. ( BBVA ), in accordance with the provisions of the Securities Market legislation, hereby communicates the following: OTHER RELEVANT INFORMATION As a result of the Supervisory Review and Evaluation Process (SREP), the European Central Bank ( ECB ) has communicated to BBVA the minimum capital requirements for the year 2025. In this regard, BBVA shall maintain at consolidated level a total capital ratio of 13.29% and a CET1 capital ratio of 9.13% effective from January 1, 2025. These capital ratios include a Pillar 2 requirement at a consolidated level of 1.68%, of which 0.18% 1 is determined on the basis of the ECBs prudential provisioning expectations. Of this Pillar 2 requirement of 1.68% at the consolidated level, a minimum of 1.02% shall be met with CET1 2 . In addition, BBVA shall maintain, effective from January 1, 2025 at the individual level, a total capital ratio of 12.14% and a CET1 capital ratio of 7.98%. These ratios include a Pillar 2 requirement at the individual level of 1.5%, of which at least 0.84% shall be met with CET1. Below is a table summarizing the minimum regulatory capital requirements applicable to BBVA at both the consolidated and individual level: Capital requirements BBVA Consolidated BBVA S.A. (individual) CET 1 Total capital CET 1 Total capital Pillar 1 4.50 % 8.00 % 4.50 % 8.00 % Pillar 2 (P2R) 1.02 % 1.68 % 0.84 % 1.50 % Conservation buffer 2.50 % 2.50 % 2.50 % 2.50 % Other Systemic Important Institution buffer 1.00 % 1.00 % 0 % 0 % Countercyclicalbuffer 3 0.11 % 0.11 % 0.14 % 0.14 % Total capital requirements 9.13 % 13.29 % 7.98 % 12.14 % Madrid, December 11th, 2024 1 This 0.18% shall be met with CET1. 2 Includes the 0.18% determined on the basis of the ECBs prudential provisioning expectations. 3 The countercyclical buffer is based on data as of September 2024. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Banco Bilbao Vizcaya Argentaria, S.A. Date: December 11, 2024 By: /s/ Eduardo Ávila Zaragoza Name: Eduardo Ávila Zaragoza Title: Head of supervisory relations