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Banco BBVA Argentina S.A. (BBAR), previously known as BBVA Banco Francés, is a key financial institution in Argentina. Established in 1886, the bank has a long-standing history in the country's financial landscape. BBVA Argentina stands out by providing a wide range of banking services to diverse clientele, including individuals, small and medium-sized enterprises (SMEs), and large corporations.
The bank operates through several divisions:
- Retail Banking: Offers a variety of banking products and services tailored for individual clients, such as savings accounts, credit cards, loans, and investment opportunities.
- Corporate Banking: Caters to the financial needs of large enterprises with services ranging from loans and credit facilities to specialized financial advice and capital market solutions.
- SME Banking: Focuses on providing financial support to small and medium-sized businesses, including those engaged in foreign trade and agriculture, as well as offering digital products for streamlined operations.
- Investment Banking: Provides sophisticated investment services and financial products to optimize asset management and capital growth.
BBVA Argentina is committed to innovation and digital transformation, aiming to offer the best solutions and help clients make informed financial decisions. The bank's guiding principle, "The customer comes first, We think big, and We are one team", reflects its dedication to customer-centric service and societal impact.
In recent developments, BBVA Argentina has reported its financial results consistently, incorporating inflation-adjusted figures as per IAS 29 reporting standards. Significant achievements include:
- Q2 2023 Results: Reflecting comprehensive financial performance up to June 30, 2023.
- Q3 2023 Results: Updated financial figures for the period ending September 30, 2023.
- Q4 2023 Results: Consolidated outcomes up to December 31, 2023.
- Q1 2024 Results: Financial performance for the period concluding on March 31, 2024.
BBVA Argentina is committed to fostering an inclusive and sustainable society through responsible banking practices, aligning its operations with the needs and aspirations of its customers. For more detailed financial data and reports, investors can visit the bank's official investor relations webpage.
Banco BBVA Argentina S.A. (NYSE: BBAR) will announce its Fourth Quarter and 2021 Fiscal Year results on March 3, 2022, after market close. A conference call is scheduled for March 4, 2022, at 12:00 PM Buenos Aires time (10:00 AM EST). The company is currently in a quiet period from February 18 to March 3, 2022. BBVA Argentina is a leading private financial institution in Argentina, providing retail and corporate banking services to various customer segments.
Banco BBVA Argentina S.A. (Ticker: BBAR) is set to report its Third Quarter 2021 results on November 24, 2021, after market close. A conference call for discussing the results will take place on November 29, 2021, at 12:00 p.m. Buenos Aires time (10:00 a.m. EST). The company is currently in a quiet period from November 10 to November 24. Banco BBVA Argentina is a leading private financial institution in Argentina, providing retail and corporate banking services since 1886.
Banco BBVA Argentina S.A. (BBAR) reported a significant increase in its inflation-adjusted net income for 2Q21, reaching $7.2 billion, a 119.3% increase from 1Q21 and 14.3% from 2Q20. The bank's average return on assets (ROAA) was 3.4%, with a return on equity (ROAE) of 22.2%. Total financing to the private sector declined by 2.9% from 1Q21, while total deposits increased by 8.1% in real terms. The non-performing loan ratio was 2.49%, with a coverage ratio of 187.88%. BBVA Argentina maintains a robust regulatory capital ratio of 23.3%.
Banco BBVA Argentina S.A. (NYSE: BBAR) will release its Second Quarter 2021 results on August 24, 2021, after market close. A conference call is scheduled for August 25, 2021, at 12:00 p.m. Buenos Aires time (11:00 a.m. EST). The company is currently in a quiet period from August 11 to August 25, 2021. BBVA Argentina is a leading private financial institution in Argentina, offering a range of banking services to individuals and businesses since 1886, emphasizing a customer-first approach and sustainable banking practices.
Banco BBVA Argentina S.A. (BBAR) reported a 50.8% increase in inflation-adjusted net income to $3.0 billion for 1Q21, compared to $2.0 billion in 1Q20. The average return on assets (ROAA) stood at 1.6%, while return on equity (ROAE) was 10.5%. Total private sector financing decreased by 9.5% from 4Q20, totaling $296.8 billion, and total deposits fell by 6.0% in real terms, amounting to $507.8 billion. The non-performing loan ratio (NPL) was 1.72%, with a 275.22% coverage ratio. The efficiency ratio worsened to 72.5% from 59.3% in 1Q20.
Banco BBVA Argentina (NYSE: BBAR) will announce its First Quarter 2021 results on May 26, 2021, after market close. A conference call is scheduled for May 27, 2021, at 12:00 p.m. Buenos Aires time (11:00 a.m. EST). The quiet period will run from May 13 to May 27, 2021.
As a leading private financial institution in Argentina, Banco BBVA offers a range of banking services to individuals and businesses, emphasizing a commitment to customer-centric solutions and sustainable practices.
Banco BBVA Argentina S.A. (NYSE: BBAR) has filed its Annual Report on Form 20-F for the fiscal year 2020 with the SEC. This comprehensive report outlines the bank's financial performance and is accessible on the company's Investor Relations website. Hard copies of the Audited Consolidated Financial Statements are available upon request. As a leading private financial institution in Argentina, Banco BBVA serves a diverse customer base with retail and corporate banking solutions, aiming to foster responsible and inclusive banking practices.
Banco BBVA Argentina S.A. (BBAR) reported a net income of $12.0 billion for 2020, a decrease of 38.9% from 2019's $19.7 billion. The bank achieved a ROAA of 1.8% and a ROAE of 11.8%. Consolidated financing to the private sector rose 5.9% year-over-year, totaling $290.3 billion. Total deposits increased 19.5% to $478.2 billion. The non-performing loan ratio stood at 1.42%, with a coverage ratio of 324.43%. The efficiency ratio grew to 56.8% from 43.7% in 2019. Regulatory capital ratio reached 20.2%, indicating strong capital adequacy.
Banco BBVA Argentina S.A. reported its 3Q20 results, highlighting an inflation adjusted net income of $2.83 billion, a 2.9% increase from 2Q20 but a significant 65.4% decrease from 3Q19. Total financing to the private sector contracted by 4.1% compared to the previous quarter, while total deposits fell 0.6% in real terms. The non-performing loan ratio stood at 1.16% with a coverage ratio of 355.26%. The regulatory capital ratio was reported at 23.3%, exceeding the minimum requirement. The efficiency ratio was 58.0%, indicating an increase in operational costs.
Banco BBVA Argentina S.A. (NYSE: BBAR) announced that it will report its Third Quarter 2020 results on November 24, 2020, after market close. A conference call will follow on November 25, 2020, at 12:00 p.m. Buenos Aires time (10:00 a.m. EST). The company is currently in a quiet period from November 11 to November 25, 2020. Established in 1886, Banco BBVA Argentina is a leading private financial institution in the country, focusing on retail and corporate banking.