BBVA Q3 net profit up 13.6% to €9.066M, RoTE 22%; Spain profits flat

BBVA reported a 13.6% increase in net profit to €9.066 million (likely €9.066 billion, given context) with a 22% return on tangible equity, driven by double-digit loan growth in corporate lending. However, Spanish profits fell 0.2% due to rising costs, indicating a divergence between domestic and international performance. The results signal robust credit expansion but margin pressure in the home market.

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