BBVA Mexico’s Financial Performance in Q1-Q2 2025
BBVA Mexico announced a profit of 57,487 million pesos in the first half of 2025, marking a 9.3% increase compared to the same period in 2024.
In Q2 alone, the financial group’s profit reached 29,347 million pesos.
This growth was driven by a higher financial margin (more interests and commissions) and an increase in provisions for credit risks due to the growth in the loan portfolio.
Loan Portfolio and Deposit Captation Grew by Double Digits
According to its financial results report, BBVA Mexico’s current loan portfolio reached a balance of 1.96 trillion pesos by the end of June, an annual growth of 11.5%.
- Commercial Loans: The commercial portfolio, which includes business, government, and financial institution segments, stood at 1.06 trillion pesos, growing by 11.2% annually.
- Individual Loans: The individual portfolio, encompassing credit cards, non-revolving consumption, and housing loans, reached a balance of 885,000 million pesos, growing by 11.4%.
The Non-Performing Loans Ratio (NPL) was 1.7% at the end of June.
Moreover, BBVA Mexico’s deposit captation grew by 13.9% by the end of the first half of 2025 compared to the same period in 2024, reaching a balance of 1.91 trillion pesos.
- Deposit Growth: Time and savings deposits increased by 11.5%, while term deposits saw a growth of 24.8% in an environment of declining interest rates.
BBVA Mexico Remains the Key Contributor to Global BBVA Group
Globally, BBVA reported a profit of 5,447 million euros in the first half of 2025, a 9.1% annual growth due to favorable interest margin and commission evolution.
BBVA Mexico contributed 2,578 million euros to this total, accounting for approximately 44%, followed by Spain (the bank’s home country) with 2,144 million euros.
Key Questions and Answers
- What was BBVA Mexico’s profit in H1 2025? BBVA Mexico reported a profit of 57,487 million pesos in the first half of 2025.
- How much did BBVA Mexico’s profit grow by in H1 2025 compared to H1 2024? BBVA Mexico’s profit grew by 9.3% in H1 2025 compared to H1 2024.
- What drove the growth in BBVA Mexico’s profit? The growth was driven by a higher financial margin and increased provisions for credit risks due to the expansion of the loan portfolio.
- What was the annual growth rate of BBVA Mexico’s loan portfolio? The loan portfolio grew by 11.5% annually.
- What was the Non-Performing Loans Ratio (NPL) at the end of June 2025? The NPL was 1.7% at the end of June.
- What was BBVA Mexico’s contribution to the global BBVA group’s profit in H1 2025? BBVA Mexico contributed approximately 44% to the global BBVA group’s profit of 5,447 million euros in H1 2025.
