BBVA earns 3,001 million euros until June, 57.1% more

BBVA earns 3,001 million euros until June, 57.1% more

BBVA obtained an attributable profit of 3,001 million euros between January and June of this year, 57.1% more than in the same period last year, the entity reported this Friday to the National Securities Market Commission (CNMV).

This figure includes some non-recurring expenses that were recorded in the semester, such as the 201 million euros derived from the purchase of offices in Spain from Merlin in June or the 416 from BBVA USA and the rest of the companies sold to PNC, together with the net costs associated with the restructuring process.

The portfolio of loans and advances to customers grew by 10.5% at the end of the semester and stood at 361,800 million euros, favored by the evolution of loans to companies in all business areas and, to a lesser extent, by the dynamism of loans to individuals.

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