Overview
- Net income for Q2 hit 29,347 million pesos, marking a 4.3% year-on-year and 4.2% quarter-on-quarter increase.
- The bank’s performing loan portfolio climbed 11.5% to 1.96 trillion pesos by June.
- Total deposits rose 13.9% year-on-year to 1.91 trillion pesos, with term deposits up 24.8%.
- Digital channels onboarded 79% of 4.7 million new customers, bringing the total client base to 33 million.
- The non-performing loan ratio remained low at 1.7% while BBVA México accounted for over 40% of BBVA Group’s first-half profit.