Welcome to our dedicated page for Banco Bbva Argentina S.A. news (Ticker: BBAR), a resource for investors and traders seeking the latest updates and insights on Banco Bbva Argentina S.A. stock.
Overview
Banco BBVA Argentina S.A. is a longstanding financial institution in Argentina with a rich history dating back to the 19th century. As a subsidiary of the BBVA Group, the bank leverages international experience while adapting to the local market dynamics. It has established itself as an integral player in the financial services landscape by offering an extensive suite of banking services that cater to a diverse clientele, including individual customers, small and medium-sized enterprises (SMEs), and large corporate entities. With its strategic focus on retail banking, corporate financing, investment banking, and specialized services for SMEs, the bank operates at the intersection of tradition and innovation, emphasizing a customer-first approach and thorough risk management practices.
Business Segments and Operations
The bank's operations are organized into distinct segments designed to serve the varied needs of its clients:
- Retail Banking: This segment is dedicated to a wide consumer base, offering products like checking and savings accounts, personal loans, and digital banking solutions to ensure convenience and security.
- Corporate Banking: Tailored for large corporations, this area provides solutions that include commercial loans, investment services, treasury management, and advisory services that help businesses manage financial operations effectively.
- Investment Banking: Focused on facilitating more complex financial transactions, the investment banking division supports corporate restructurings, capital market activities, and advisory services in mergers and acquisitions.
- SME Banking: A critical area of specialization, this division supports the financial needs of small and medium-sized enterprises, particularly in sectors like foreign trade and agriculture, while increasingly incorporating digital products to streamline operations.
Market Position and Competitive Landscape
Within the Argentine financial market, Banco BBVA Argentina is recognized for its comprehensive approach that integrates multiple service channels with a strong emphasis on customer needs. The bank’s affiliation with the BBVA Group supports its credibility and operational efficiency. Its competitive strength is founded on a balanced portfolio of traditional and digital financial services, an approach that not only addresses current market demands but also reinforces its resilience against local economic fluctuations. The bank's systematic strategy, built on core values and a structured risk-management framework, distinguishes it from other regional players.
Expertise and Customer Focus
A key aspect of the bank’s identity is its commitment to delivering a superior and tailored customer experience. With an integrated approach that marries conventional banking with innovative digital transformations, Banco BBVA Argentina ensures that its products and services are both accessible and relevant. This balanced focus on expert banking practices, customer relationship management, and digital innovation underscores its value proposition. The institution is well-equipped to help its clients make informed financial decisions through thoughtful advice, reliable banking products, and user-friendly digital interfaces.
Conclusion
Banco BBVA Argentina S.A. stands as a robust financial institution in the Argentine market. Its multi-faceted operations, adherence to customer-centric values, and integration of advanced digital platforms enable it to serve a broad spectrum of customers effectively. The structured approach to retail, corporate, investment, and SME banking demonstrates not only the bank's operational versatility but also its commitment to maintaining high standards of service and expertise in a competitive financial landscape.
BBVA Argentina (NYSE: BBAR) has released its Q4 2024 financial results, showing mixed performance. The bank reported an inflation-adjusted net income of $64.7 billion in Q4 2024, marking a 39.6% decrease from Q3 2024 and a 38.9% decline from Q4 2023. The full-year 2024 net income reached $357.7 billion, slightly down 0.4% from 2023.
Notable metrics include a Q4 2024 ROAA of 1.7% and ROAE of 9.5%. Total consolidated financing to the private sector grew significantly to $7.6 trillion, up 28.7% quarter-over-quarter and 75.0% year-over-year. The bank's market share in private sector loans increased to 11.31%, gaining 146 basis points year-over-year.
Total deposits reached $9.9 trillion, with a 7.8% quarterly increase and 25.3% annual growth. The bank maintained strong asset quality with a low NPL ratio of 1.13% and a coverage ratio of 177.0%. The regulatory capital ratio stood at 19.5%, with $1.36 trillion in excess capital.
BBVA Argentina (NYSE: BBAR) has scheduled its Fourth Quarter & Fiscal Year 2024 financial results announcement for March 5, 2025, after market close. The company will host a conference call on March 6, 2025, at 12:00 p.m. Buenos Aires time (10:00 a.m. EST) to discuss the results.
The company has established a quiet period from February 19 through March 5, 2025. The earnings presentation will be led by Carmen Morillo Arroyo (CFO), Inés Lanusse (IR Officer), and Belén Fourcade (IR).
BBVA Argentina, a subsidiary of the BBVA Group since 1996, is one of Argentina's leading private financial institutions, serving retail and corporate customers, including individuals, SMEs, and large corporations.
BBVA Argentina (NYSE: BBAR) has announced its schedule for Third Quarter 2024 financial results. The earnings release will be published on Wednesday, November 20, 2024 after market close, followed by a conference call on Thursday, November 21, 2024, at 12:00 p.m. Buenos Aires time (10:00 a.m. EST). The company has established a quiet period from November 6 through November 20, 2024. CFO Carmen Morillo Arroyo and IR officers Inés Lanusse and Belén Fourcade will host the call, which will be accessible via phone and webcast.
Banco BBVA Argentina S.A. reported its Q2 2024 results, showing a 178.8% increase in inflation-adjusted net income to $112.9 billion compared to Q1 2024. The bank's ROAA was 4.7% and ROAE was 19.5% for Q2 2024. Operating income decreased by 40.3% quarter-over-quarter to $446.7 billion. Total consolidated financing to the private sector grew by 23.1% in real terms to $3.8 trillion, while total consolidated deposits increased by 2.6% to $5.8 trillion. The non-performing loan ratio was 1.18% with a 165.50% coverage ratio. BBVA Argentina's regulatory capital ratio stood at 25.3%, with a $1.25 trillion excess over minimum requirements.
Banco BBVA Argentina S.A. (NYSE; BYMA; MAE: BBAR; LATIBEX: XBBAR) has announced its schedule for reporting Second Quarter 2024 financial results. The earnings release is set for Wednesday, August 21, 2024, after market close. A conference call will follow on Thursday, August 22, 2024, at 12:00 p.m. Buenos Aires time (11:00 a.m. EST). The company has established a quiet period from August 7 to August 21, 2024. Key executives participating include the CFO and Investor Relations officers. BBVA Argentina, a subsidiary of the BBVA Group since 1996, is a leading private financial institution in Argentina, offering retail and corporate banking services nationwide.
Banco BBVA Argentina S.A. (BBAR) announced the payment of installment 3 of 3 of its dividend payment schedule. Approved by the Shareholders' Meeting on April 26, 2024, and authorized by the Argentine Central Bank, the dividend totals AR$400,627,017,508 as of today. Installment 3, amounting to AR$50,638,718,584.05, will be paid at AR$247.1094 per share.
Payment will be disbursed to shareholders on July 11, 2024, with a cut-off date of July 5, 2024. Non-resident shareholders can opt for National Treasury Bonds instead of pesos.
Banco BBVA Argentina S.A. (BBAR) has announced the payment of the second installment of its dividend schedule. Following approvals from shareholders, the Argentine Central Bank, and the Board of Directors, the total dividend amount is AR$400.6 billion. Installment 2 involves a payment of AR$48.6 billion or AR$237.203 per share, scheduled for June 11, 2024. Shareholders can opt for payment in pesos or National Treasury Bonds adjusted by CER 4.25% due December 13, 2024.
Non-resident shareholders, unless opting otherwise, will receive payment in pesos. Resident shareholders must communicate their payment preference via email by June 6, 2024. The cut-off date for share registry is June 6, 2024, and the payment will be managed through Caja de Valores S.A. for payments in pesos and Banco BBVA Argentina S.A. for payments in kind. Tax withholdings of 7% will be applied as per Argentine Income Tax Law.
Banco BBVA Argentina S.A. (NYSE: BYMA; MAE: BBAR) announced its consolidated results for the first quarter of 2024, ended on March 31, 2024.
The inflation-adjusted net income was $34.2 billion, a 53.7% decrease from 4Q23 and a 41.4% decrease from 1Q23. Operating income was $631.2 billion, down 12.9% from 4Q23 but up 106.6% from 1Q23.
Total consolidated financing to the private sector was $2.7 trillion, down 12.7% from 4Q23 and 21.9% from 1Q23. Total consolidated deposits were $4.8 trillion, a 13.5% decrease from 4Q23 and a 21.7% decline year-over-year.
The non-performing loan ratio was 1.23%, with a coverage ratio of 173.77%. The efficiency ratio deteriorated to 65.4%, and the regulatory capital ratio was 35.6%.
The bank's market share of private sector loans was 10.08%, while its market share of private deposits was 7.37%. Total liquid assets represented 91.9% of total deposits.
Banco BBVA Argentina S.A. (NYSE; BYMA; MAE: BBAR; LATIBEX: XBBAR) announced its First Quarter 2024 financial results schedule, with an earnings release on May 22, 2024, a conference call on May 23, 2024, and a quiet period from May 8 to May 22, 2024. Executives include Ms. Carmen Morillo Arroyo and Ms. Inés Lanusse.
Banco BBVA Argentina S.A. announced the approval of dividend payment schedule and first installment payment. The dividend amount approved is AR$ 264,227,684,640, now equivalent to AR$ 400,627,017,508. Non-resident shareholders have options to receive dividends in BOPREAL or Bonds. Resident shareholders will receive payment in pesos or Bonds. Payment will be made in installments on May 14, June 11, and July 11. American Depositary Shares (ADS) holders will receive payment through Bank of New York Mellon. Dividends are subject to 7% withholding and COUNTRY tax.
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