P&L Restatement for the business units and the Corporate Center

In order to allow a better understanding of the quarterly information that will be disclosed in the 1Q24 results presentation (April 29th), BBVA informs that:

  • ● Starting in January 2024, the information related to operating expenses will be published with certain changes in criteria mainly related to the cost allocation of global technology projects from the Corporate Center to the business units.

This reorganization of the reporting structure does not affect the Group's consolidated financial information.

To facilitate the comparison with previous quarters, and for information purposes, we enclose the variations of the income statements for the last year according to the new reporting structure.

Madrid, March 27th, 2024

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BBVA - Banco Bilbao Vizcaya Argentaria SA published this content on 27 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 March 2024 09:28:05 UTC.