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.
BBVA Argentina (Banco BBVA Argentina S.A., NYSE: BBAR) is an Argentine commercial bank that regularly publishes detailed financial and regulatory updates. As a subsidiary of the BBVA Group and one of the country’s private financial institutions, the bank uses news releases and SEC filings to communicate its performance, strategic decisions and shareholder actions.
On this news page, readers can follow BBAR news focused on the bank’s quarterly and annual financial results, including inflation-adjusted earnings prepared under the Central Bank of Argentina’s framework and IFRS. The bank’s releases for recent quarters describe net income, returns on assets and equity, net interest margins, efficiency ratios, and the evolution of financing to the private sector and deposits, along with market share data for loans and deposits.
Investors can also track dividend announcements, where BBVA Argentina has disclosed a multi-installment dividend program for the 2024 financial year, with information on cut-off dates, pay-out dates, payment methods for resident and non-resident shareholders, and the option to apply dividends to BOPREAL bond subscriptions. Additional news covers material events such as the closing of the acquisition of 50% of FCA Compañía Financiera S.A., following regulatory approvals from the Central Bank of the Argentine Republic and the Secretariat of Industry and Commerce.
Because BBVA Argentina files earnings releases and other information on Form 6-K and Form 20-F, this news feed is a useful entry point for monitoring its reported activity, capital and liquidity indicators, and corporate actions. Users interested in BBAR can review these updates to understand how the bank presents its operations, market position and shareholder-related decisions over time.
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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