Investor Presentaiton
Resilient P&L
BBVA MÉXICO
(million pesos)
Net Interest Income
Provisions for loan losses
9M20
9M21
92,693 99,458
(30,833) (21,539)
Y-0-Y(%)
7.3
(30.1)
Net interest income after provisions
61,860 77,919
26.0
Fees & Commissions
Trading Income
Other Income
19,713
6,693
22,116
12.2
5,222
(22.0)
260
1,540
n.a.
Ingresos Totales de la Operación
88,526
106,797
20.6
Net Interest Income positive evolution
explained by the recovery in loan demand and
constant funding mix optimization.
Lower provisions as a result of sound asset
quality and additional reserves created in
2020, with releases in 2021.
Higher commissions as a result of an increase
in transaction volumes.
Expenses
Net Income
(48,399) (48,514)
0.2
40,127
58,283
45.2
Income Before Taxes
40,149
58,340
45.3
Lower expenses driven by an annual drop in
personnel expenses.
Net Attributable Profit
28,580
42,459
48.6
Figures under local accounting standards with BBVA Mexico data.
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