Investor Presentaiton
BBVA
Creating Opportunities
Positive Net Income despite a difficult environment
BBVA Mexico
(million pesos)
Mar.20
Mar.21
Y-o-Y
%
Net Interest Income
33,044
32,498
(1.7)
Provisions for loan losses
(16,237)
(10,445)
(35.7)
Net Interest Income after
16,807
22,053
31.2
provisions
Fees & Commissions
6,928
7,225
4.3
Trading Income
2,327
848
(63.6)
Expenses
(16,581)
(17,135)
3.3
Operating Income
9,550
13,273
Net Income
6,444
9,702
39.0
50.6
Efficiency
1Q21 Results
13
Net Interest Income impacted by lower
interest rates, change in loan mix and the
application of support programs.
Higher provisions to face challenging
scenario, given a weaker macroeconomic
environment as a result of the Covid-19
pandemia.
Lower commissions as a result of lower
credit and debit card transactions and lower
investment banking commissions.
39.1%
41.9%
+281 bps
Strict control of expenses reflected in the
annual evolution of this item.
Figures under local accounting standards with BBVA Mexico data.View entire presentation