original article in English

Spa in
50%
40%
Spa in
40%
Spa in
Dec-09
Mar-10
Jun-10
Sep -10
Dec-10
Mar-11
Jun-11
Sep -11
Dec-11
Mar-12
Jun-12
Sep -12
Dec-12
Mar-13
Jun-13
Sep -13
Dec-13
Mar-14
Jun-14
Sep -14
Dec-14
Mar-15
Jun-15
Sep -15
Dec-09
Mar-10
Jun-10
Sep -10
Dec-10
Mar-11
Jun-11
Sep -11
Dec-11
Mar-12
Jun-12
Sep -12
Dec-12
Mar-13
Jun-13
Sep -13
Dec-13
Mar-14
Jun-14
Sep -14
Dec-14
Mar-15
Jun-15
Sep -15
Dec-09
Mar-10
Jun-10
Sep -10
Dec-10
Mar-11
Jun-11
Sep -11
Dec-11
Mar-12
Jun-12
Sep -12
Dec-12
Mar-13
Jun-13
Sep -13
Dec-13
Mar-14
Jun-14
Sep -14
Dec-14
Mar-15
Jun-15
Sep -15
Dec-09
Mar-10
Jun-10
Sep -10
Dec-10
Mar-11
Jun-11
Sep -11
Dec-11
Mar-12
Jun-12
Sep -12
Dec-12
Mar-13
Jun-13
Sep -13
Dec-13
Mar-14
Jun-14
Sep -14
Dec-14
Mar-15
Jun-15
Sep -15
10.0x
10%
90%
0%
80%
Dec-09
Mar-10
Jun-10
Sep -10
Dec-10
Mar-11
Jun-11
Sep -11
Dec-11
Mar-12
Jun-12
Sep -12
Dec-12
Mar-13
Jun-13
Sep -13
Dec-13
Mar-14
Jun-14
Sep -14
Dec-14
Mar-15
Jun-15
Sep -15
Dec-09
Mar-10
Jun-10
Sep -10
Dec-10
Mar-11
Jun-11
Sep -11
Dec-11
Mar-12
Jun-12
Sep -12
Dec-12
Mar-13
Jun-13
Sep -13
Dec-13
Mar-14
Jun-14
Sep -14
Dec-14
Mar-15
Jun-15
Sep -15
Banking Outlook
March 2016
Annex 2: comparative analysis of the Spanish banking sector
Figure A2.1
Figure A2.2
Debt-to-Equity
NPL ratio
25.0x
16%
20.0x
14%
15.4x
12%
15.0x
10%
8%
11.4x
5.0x
0.0x
60%
55%
47.2%
45%
43.6%
35%
30%
70%
59.8%
60%
50%
49.4%
30%
20%
EU banks averag e
Source: EBA, BBVA Research
23 / 25
10.7%
6%
4%
2%
5.9%
0%
EU banks averag e
Spa in
Source: EBA, BBVA Research
Source: EBA, BBVA Research
Figure A2.3
Figure A2.4
Coverage ratio
ROE
EU banks averag e
Spa in
Source: EBA, BBVA Research
Source: EBA, BBVA Research
Figure A2.5
Figure A2.4
Cost-to-Income
Loans-to-Deposits
Spa in
EU banks averag e
15%
10%
5%
0%
-5%
-10%
-15%
-20%
-25%
-30%
-35%
-40%
6.4%
4.4%
EU banks averag e
170 %
160 %
150 %
140 %
130 %
120 %
115.8%
110 %
100 %
110.0%
Source: EBA, BBVA Research
EU banks averag e
www.bbvaresearch.com
Banking Outlook
March 2016
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24 / 25
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Banking Outlook
November 2015
This report has been produced by the Financial Systems Unit:
Chief Economist for Financial Systems and Regulation
Santiago Fernández de Lis
[email protected]
Financial Systems
Ana Rubio
[email protected]
Jaime Zurita
[email protected]
Olga Gouveia
[email protected]
José María Álvarez
[email protected]
José Manuel Cebrián
[email protected]
With the contribution of:
Pablo Urbiola
[email protected]
Rosa Gómez Churruca
[email protected]
Macarena Ruesta
[email protected]
José Félix Izquierdo
[email protected]
Financial Systems and
Regulation Area
Santiago Fernández de Lis
[email protected]
Global Areas
BBVA Research
Group Chief Economist
Jorge Sicilia Serrano
Developed Economies Area
Rafael Doménech
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Spain
Miguel Cardoso
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Europe
Miguel Jiménez
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US
Nathaniel Karp
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Emerging Markets Area
Cross-Country Emerging Markets
Analysis
Alvaro Ortiz
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Financial Systems
Ana Rubio
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Economic Scenarios
Julián Cubero
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Financial Inclusion
David Tuesta
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Financial Scenarios
Sonsoles Castillo
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Mexico
Carlos Serrano
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Regulation and Public Policy
María Abascal
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Innovation & Processes
Oscar de las Peñas
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Alvaro Ortiz
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Álvaro Martín
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Le Xia
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Juan Manuel Ruiz
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Gloria Sorensen
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Jorge Selaive
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Juana Téllez
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Hugo Perea
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