BBVA headquarters in MadridEuropa Press
BBVA registered a web revenue of 6,420 million euros in 2022, which represents a rise of 38% in comparison with a yr earlier (+39% with out the impact of currencies), the very best up to now, as reported this Wednesday the entity.
With this consequence, it can dedicate greater than 3,000 million euros of those outcomes (47% of the reported attributable revenue) to shareholder remuneration. On the one hand, it proposes elevating the money dividend for the yr to 43 gross euro cents per share (the very best in 14 years and 39% greater than in 2021). After the 12 cents per share paid in October, the financial institution will submit a complementary dividend of 31 cents per share to the shareholders’ assembly for approval, which is predicted to be paid in April.
In addition, the financial institution will launch a brand new share repurchase plan value 422 million euros. This remuneration is in keeping with the group’s shareholder remuneration coverage, which contemplates distributing between 40% and 50% of the revenue for the yr yearly, with the choice of mixing the cost in money with the repurchase of shares.
The financial institution has attributed the consequence achieved in 2022 to the “robust” improve in revenue, pushed by double-digit progress in credit score (+13.3% in fixed euros).
Likewise, the web margin additionally registered a document, with 14,130 million euros, 29.2% greater than in 2021.
“2022 has been a yr of progress for BBVA. We have achieved the best revenue in our historical past, with a powerful growth of credit score and with nice advances in our technique, targeted on digitization, innovation and sustainability. Looking forward, now Despite the uncertainty, in 2023 we’ll proceed creating alternatives for everybody and contributing to the financial and social progress of the international locations the place we’re current”, highlighted the Chairman of BBVA, Carlos Torres Vila.