BBVA México reported on 30 April 2026 net profit of MXN 28,236 million for the first quarter of 2026, up 0.3% from a year earlier and down 7.0% from the fourth quarter of 2025. The bank said net interest income rose 11.1% and net fees and commissions increased 3.8%.
Mexico, the Spanish group's main subsidiary, generated €1,453 million of BBVA's €2,989 million group profit for the quarter, the largest contribution of any business area. LENDING GROWTH
The performing loan portfolio reached MXN 2.1 trillion, up 8.5% year on year. Lending to households, which covers credit cards, consumer, auto and mortgage loans, rose 10.7% to MXN 953 billion. The micro, small and medium-sized enterprise portfolio grew 12.8% to MXN 162 billion, and new lending to the segment totalled MXN 72 billion in the quarter, up 11.7%. The bank serves 1.1 million MSME clients.
Total customer funds reached MXN 3.2 trillion, up 8.6%. Demand and savings deposits rose 6.1% to MXN 1.7 trillion, term deposits increased 16.3% to MXN 343 billion, and assets in investment funds grew 10.4%.
ASSET QUALITY AND CAPITAL
The non-performing loan ratio stood at 1.6% at the end of March, compared with 2.4% for the Mexican banking system in February, according to the National Banking and Securities Commission (CNBV). Stage 3 coverage was 204.5%. The total capital ratio was 20.1% and the liquidity coverage ratio 150.4%.
BBVA México had 27.4 million digital customers at the end of the quarter, equivalent to 80% of its total customer base. The bank recorded 740 million transfers between January and March, and 25 million customers paid no fees using its BBVA Mx app.
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