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Grupo Supervielle S.A. - SUPV STOCK NEWS

Welcome to our dedicated news page for Grupo Supervielle S.A. (Ticker: SUPV), a resource for investors and traders seeking the latest updates and insights on Grupo Supervielle S.A..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Grupo Supervielle S.A.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Grupo Supervielle S.A.'s position in the market.

News
Rhea-AI Summary
Grupo Supervielle S.A. reports improved profitability in 4Q23 and FY23, with ROE at 26.9% and 16.7% respectively. The company highlights a strong quarter, record high ROAE, NIM spike, and NPL ratio improvement. They emphasize digital transformation, branch network consolidation, and increased customer engagement. Noteworthy achievements include retail digital customer expansion, digital loan originations, and strong adoption of digital wallet services. The company also showcases success in the corporate segment, ranking first in trade finance and becoming the leading online retail broker in Argentina. Looking ahead, Grupo Supervielle remains confident in its ability to navigate challenges and drive expansion, with a solid Tier 1 capital ratio and a commitment to sustainability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.03%
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News
Rhea-AI Summary
Grupo Supervielle S.A. (SUPV) reported improved profitability with ROE at 18.5% in 3Q23 and 12.9% in 9M23. The NPL ratio reached a historic low of 1.7%, and the company achieved an 8% decline in personnel and administrative expenses. Attributable Net Income was AR$9.5 billion in 3Q23, compared to a net loss of AR$1.3 billion in 3Q22. The efficiency ratio improved to 51.7% in 3Q23 from 73.1% in 3Q22.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.53%
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News
Rhea-AI Summary
Grupo Supervielle reported positive 2Q23 results with a ROAE of 17.6% in real terms. NIM reached 26.6% driven by a 20.4% sequential increase in net financial income. The NPL ratio declined to a low of 2.5% this quarter. Attributable Net Income was AR$6.3 billion in 2Q23 compared to a net loss of AR$3.8 billion in 2Q22. Total Deposits expanded 39.8% QoQ and 89.4% YoY in nominal terms.
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Rhea-AI Sentiment
End-of-Day
2.88%
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2.33%
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-0.88%
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-2.43%
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Rhea-AI Sentiment
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-5.32%
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-7.41%
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Rhea-AI Sentiment
End-of-Day
19.2%
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buyback
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3.89%
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Grupo Supervielle S.A.

NYSE:SUPV

SUPV Rankings

SUPV Stock Data

667.20M
292.42M
20.48%
8.57%
0.61%
Commercial Banking
Finance and Insurance
Link
Argentina
Buenos Aires

About SUPV

grupo supervielle is a group of companies that has been involved in the financial industry in argentina for more than 120 years. we have a distinctive multi-brand business model, providing financial services to all segments in the economy, focused on offering inclusive, high quality and affordable financial products to the entire social pyramid including individuals and corporations. we are proud to have accomplished high growth and a solid profitability in the last 9 years, being one of the few entities to overcome the 2002 argentine financial crisis in a strong position.