Welcome to our dedicated page for Grupo Supervielle S.A. news (Ticker: SUPV), a resource for investors and traders seeking the latest updates and insights on Grupo Supervielle S.A. stock.
Grupo Supervielle S.A. (SUPV) is a universal financial services group headquartered in Argentina with a nationwide presence. Its news flow reflects both the dynamics of Argentina’s macroeconomic environment and the group’s strategic decisions across banking, insurance, asset management and online brokerage activities.
On this page, readers can follow quarterly and annual results reported by Grupo Supervielle, including management commentary on net income, return on equity, net interest margin, loan growth, deposit trends, asset quality and capital ratios. The company’s releases discuss the impact of inflation, interest rate changes, regulatory measures and election cycles on profitability and credit demand, as well as the application of hyperinflation accounting under IAS 29.
News items also cover strategic initiatives such as the development of the Supervielle SuperApp, GenAI-powered WhatsApp service channels, the launch of Tienda Supervielle on Mercado Libre, and the expansion of IOL invertironline as a leading digital retail brokerage platform. The group reports on efforts to grow in retail and corporate lending, support payroll and SME clients, and strengthen its presence in sectors like mining, agribusiness and oil and gas.
Investors can track capital markets and governance updates, including Form 20-F filings, share buyback activity and automatic cancellations of Class B treasury shares, as well as senior leadership changes at Banco Supervielle. For anyone monitoring SUPV, this news feed offers a consolidated view of operational performance, strategic priorities and regulatory disclosures over time.
Grupo Supervielle S.A. reported a 1Q22 attributable net loss of AR$377.6 million, a decline from a net gain of AR$293.6 million in 1Q21. Despite a sequential increase in net interest margin by 90 bps, loan demand weakened due to high inflation affecting consumers' purchasing power. The total NPL ratio remained stable at 4.3%, with loan loss provisions decreasing 7.1% YoY but increasing 4.7% QoQ. The common equity tier 1 ratio stood at 13.8%, reflecting a solid capital position despite challenging market conditions.
Grupo Supervielle S.A. (NYSE: SUPV) has filed its annual report on Form 20-F for the year ended December 31, 2021, with the SEC. The financial statements were reported according to IFRS standards, differing significantly from those issued under the BCRA standards. The company has 288 access points and serves 2.0 million active customers, showcasing its extensive reach in the financial services sector. As of now, Supervielle has 456,722,322 shares outstanding, with a free float of 64.9%.
Grupo Supervielle S.A. reported a net loss of AR$664.0 million for 4Q21, compared to a net gain of AR$1.3 billion in 4Q20, primarily due to one-time early retirement charges and losses at IUDÚ. Despite the losses, the company enhanced its customer base by over 53,000 clients, reaching 1.5 million, with 80% being digital customers. Improvements included a sequential decrease of total non-performing loans to 4.3% and a reduction in funding costs. However, factors like low credit demand and rising regulations negatively impacted overall profitability.
Grupo Supervielle S.A. (NYSE: SUPV) reported a net loss of AR$60.2 million for 3Q21, an improvement from AR$348 million in 2Q21, driven by reduced loan loss provisions (LLPs) and operating expenses. The Tier 1 capital ratio stood at 14.1%. Despite a slight recovery in the loan portfolio and deposits, NIM was negatively impacted by lower yields on inflation-linked loans due to reduced inflation. The company's transformation strategy aims to diversify revenue and improve efficiencies amidst challenging economic conditions.
Grupo Supervielle S.A. (NYSE: SUPV) reported a net loss of AR$318 million for 2Q21, significantly down from a net gain of AR$1.4 billion in 2Q20. The results were impacted by weak loan demand, increased administrative costs, and regulatory pressures, leading to a negative ROAE of 2.8%. Total net revenues decreased by 20% YoY to AR$12.6 billion, with loan loss provisions totaling AR$1.9 billion. Despite these challenges, the company maintains a strong capital position with a Tier 1 ratio of 14.3% and is focusing on digital transformation and geographical expansion.
Grupo Supervielle S.A. (NYSE: SUPV) reported its Q1 2021 results, showcasing a net income of AR$189.3 million, a significant drop from AR$646.7 million in Q1 2020. Excluding IAS29 effects, net income would have been AR$2.9 billion. The net revenue fell by 8.9% YoY to AR$11.8 billion, while the net interest margin decreased to 19.3%. The loans to deposits ratio dropped to 54.8%. On a positive note, the non-performing loan ratio improved to 3.4% and the capital ratio remained stable at 13.8%. The company anticipates better loan growth in H2 2021.
Grupo Supervielle S.A. (NYSE:SUPV) filed its annual report on Form 20-F for the fiscal year ending December 31, 2020, with the SEC on April 30, 2021. The financial statements follow IFRS standards, differing from those under the Central Bank of Argentina's guidelines. Despite these differences, the company reports no partial adoption of IFRS. The Form 20-F is accessible on the company's website and shareholders can request hard copies of the audited financial statements. Supervielle provides a range of financial services in Argentina and has over 1.9 million active customers.
Grupo Supervielle S.A. (NYSE: SUPV) reported its financial results for 4Q20 and FY20, highlighting a net income of AR$657.4 million in 4Q20, a significant recovery from a loss of AR$703.7 million in 4Q19. FY20 net income was AR$3.4 billion compared to a loss of AR$4.0 billion in FY19. The bank continues to adapt its business model amid pandemic challenges, with a focus on digital transformation and growth in active digital customers by 73% since 2019. However, revenues decreased by 8.0% YoY and net financial income dropped by 15.0% YoY.
Grupo Supervielle S.A. (NYSE: SUPV) reported its financial results for Q3 2020, marking a significant turnaround with an attributable net income of AR$859.6 million, a notable improvement from a loss of AR$2.3 billion in Q3 2019. The company adopted Hyperinflation Accounting, resulting in increased provisions of AR$1 billion for Covid-19. Despite a challenging environment, the Coverage Ratio improved to 181% from 127% in Q2 2020. Total deposits rose 22.1% YoY, while loans decreased 14% YoY. The Common Equity Tier 1 Ratio rose to 14%, ensuring the company’s stability amidst economic uncertainty.