2018 EU-wide Stress Test Summary for Banco Bilbao Vizcaya Argentaria S.A.
Core Information
Bank Name: Banco Bilbao Vizcaya Argentaria S.A. (BBVA)
LEI Code: K8MS7FD7N5Z2WQ51AZ71
Country Code: ES (Spain)
Financial Performance Overview
Metric
Actual (31/12/2017)
Restated (31/12/2017)
Baseline Scenario (31/12/2018-2020)
Adverse Scenario (31/12/2018-2020)
Net Interest Income (mn EUR)
17,258
-
17,193
16,910
Gains/Losses on Financial Assets (mn EUR)
907
-
458
-542
Impairment Reversal (mn EUR)
-4,658
-
-5,262
-10,886
Profit/Loss for the Year (mn EUR)
4,712
-
4,137
-2,766
Common Equity Tier 1 (CET1) Capital (mn EUR)
42,341
42,054
43,610
45,970
CET1 Ratio (%)
11.67%
11.59%
11.84%
12.44%
Fully Loaded CET1 Ratio (%)
11.04%
10.73%
11.45%
12.09%
Tier 1 Capital (mn EUR)
46,980
46,693
49,865
52,225
Leverage Ratio Exposures (mn EUR)
709,480
709,480
709,480
709,480
Leverage Ratio (%)
6.62%
6.58%
7.03%
7.36%
Fully Loaded Leverage Ratio (%)
6.53%
6.36%
6.83%
7.18%
Coverage Ratio - Non Performing Exposures (%)
44.27%
46.85%
50.94%
48.58%
Credit Risk IRB Analysis
Exposure Breakdown (Restated, 31/12/2017)
Category
Exposure Values (A-IRB)
Exposure Values (F-IRB)
Risk Exposure Amounts (A-IRB)
Risk Exposure Amounts (F-IRB)
Central banks and central governments
8,110
21
0
0
Institutions
75,226
88
0
0
Corporates
88,626
5,587
8,806
305
Corporates - Specialised Lending
0
0
8,806
305
Corporates - SME
12,345
3,306
0
0
Retail
96,192
5,384
0
0
Retail - Secured on Real Estate
75,598
4,474
0
0
Retail - Secured on Real Estate - SME
0
0
0
0
Retail - Secured on Real Estate - non-SME
75,598
4,474
0
0
Retail - Qualifying Revolving
8,986
168
0
0
Retail - Other Retail
11,608
742
0
0
Retail - Other Retail - SME
3,105
359
0
0
Retail - Other Retail - non-SME
8,503
383
0
0
IRB TOTAL
268,154
11,079
72,834
2,497
Key Metrics
Performing Exposure: 209,730 (mn EUR)
Non Performing Exposure: 11,335 (mn EUR)
Stock of Provisions: 6,481 (mn EUR)
Coverage Ratio - Non Performing Exposures: 41.3%
Additional Country-Specific IRB Data
Spain
Category
Exposure Values (A-IRB)
Exposure Values (F-IRB)
Risk Exposure Amounts (A-IRB)
Risk Exposure Amounts (F-IRB)
Central banks and central governments
763
0
0
90
Institutions
24,367
80
0
0
Corporates
42,962
5,286
3,460
80
Corporates - Specialised Lending
0
0
3,460
80
Corporates - SME
0
0
0
0
Retail
89,525
5,222
0
0
Retail - Secured on Real Estate
74,992
4,450
0
0
Retail - Secured on Real Estate - SME
0
0
0
0
Retail - Secured on Real Estate - non-SME
74,992
4,450
0
0
Retail - Qualifying Revolving
2,953
31
0
0
Retail - Other Retail
11,580
262
0
0
IRB TOTAL
157,617
10,588
39,543
60
Coverage Ratio - Non Performing Exposures: 55.3%
United States
Category
Exposure Values (A-IRB)
Exposure Values (F-IRB)
Risk Exposure Amounts (A-IRB)
Risk Exposure Amounts (F-IRB)
Central banks and central governments
4,318
0
0
0
Institutions
2,283
0
0
0
Corporates
16,311
125
1
0
Corporates - SME
799
0
0
0
Retail
6,026
137
0
0
Retail - Secured on Real Estate
13
0
0
0
Retail - Qualifying Revolving
6,012
137
0
0
IRB TOTAL
23,043
262
1
0
Coverage Ratio - Non Performing Exposures: 53.2%
Turkey
Category
Exposure Values (A-IRB)
Exposure Values (F-IRB)
Risk Exposure Amounts (A-IRB)
Risk Exposure Amounts (F-IRB)
Central banks and central governments
274
0
0
0
Corporates
0
0
0
0
Retail
0
0
0
0
IRB TOTAL
274
0
0
0
Coverage Ratio - Non Performing Exposures: 30.0%
Mexico
Category
Exposure Values (A-IRB)
Exposure Values (F-IRB)
Risk Exposure Amounts (A-IRB)
Risk Exposure Amounts (F-IRB)
Central banks and central governments
23,043
262
17,123
60
Corporates
197
41
185
0
Corporates - SME
1
4
0
0
Corporates - Specialised Lending
0
0
185
0
Retail
5
0
1
0
Retail - Secured on Real Estate
4
0
1
0
IRB TOTAL
450
41
185
0
Coverage Ratio - Non Performing Exposures: 55.0%
Peru
Category
Exposure Values (A-IRB)
Exposure Values (F-IRB)
Risk Exposure Amounts (A-IRB)
Risk Exposure Amounts (F-IRB)
Central banks and central governments
242
0
29
0
Institutions
6
0
2
0
Corporates
197
41
75
6
Corporates - SME
1
4
2
1
Retail
5
0
1
0
IRB TOTAL
450
41
106
6
Coverage Ratio - Non Performing Exposures: 71.0%
France
Category
Exposure Values (A-IRB)
Exposure Values (F-IRB)
Risk Exposure Amounts (A-IRB)
Risk Exposure Amounts (F-IRB)
Central banks and central governments
23,025
20
1,741
5
Institutions
19,837
0
0
0
Corporates
3,152
19
1,422
2
Corporates - SME
55
2
68
0
Retail
36
0
9
0
Retail - Secured on Real Estate
32
1
8
2
IRB TOTAL
23,025
20
1,741
5
Coverage Ratio - Non Performing Exposures: 53.2%
Key Points
The stress test assesses the resilience of BBVA under both baseline and adverse scenarios.
In the baseline scenario, BBVA shows a steady increase in CET1 ratio and leverage ratio.
In the adverse scenario, there is a significant decline in net interest income and profit, with a drop in CET1 and leverage ratios.
The coverage ratio for non-performing exposures remains stable across scenarios.
Country-specific data is provided for Spain, the United States, Turkey, Mexico, and France, highlighting the diverse risk profiles across different regions.
The IRB (Internal Ratings-Based) methodology is used to assess credit risk, with different exposure categories and risk exposure amounts reported.
