BBVA Argentina (NYSE: BBAR) cleared to distribute ARS 69,011,025,123 in profits
Rhea-AI Filing Summary
BBVA Argentina Bank S.A. reports that the Central Bank of the Argentine Republic’s Superintendence of Exchange Institutions authorized the bank to distribute profits in cash and/or in kind for a total of ARS 69,011,025,123. The amount will be paid in three monthly, equal, non-cumulative installments. In line with resolutions from the Annual Ordinary and Extraordinary Shareholders’ Meeting held on April 28, 2026, the Board of Directors will determine the timing, method, terms and other conditions of the dividends to shareholders.
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Key Figures
Authorized profit distribution: ARS 69,011,025,123
Installment count: 3 monthly installments
Shareholders’ meeting date: April 28, 2026
3 metrics
Authorized profit distribution
ARS 69,011,025,123
Total dividends authorized for distribution to shareholders
Installment count
3 monthly installments
Equal, non-cumulative dividend payment schedule
Shareholders’ meeting date
April 28, 2026
Annual Ordinary and Extraordinary Shareholders’ Meeting resolutions guiding dividends
Key Terms
distribution of profits, in cash and/or in kind, Central Bank of the Argentine Republic’s Superintendence of Exchange Institutions, Annual Ordinary and Extraordinary Shareholders’ Meeting, +1 more
5 terms
distribution of profits financial
"authorize Banco BBVA Argentina S.A. the distribution of profits in cash and/or in kind"
in cash and/or in kind financial
"authorize Banco BBVA Argentina S.A. the distribution of profits in cash and/or in kind"
Central Bank of the Argentine Republic’s Superintendence of Exchange Institutions regulatory
"the Central Bank of the Argentine Republic’s Superintendence of Exchange Institutions informed that it resolved"
Communication “A” 8410 regulatory
"in accordance with the provisions of Communication “A” 8410, said amount shall be paid"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did BBVA Argentina (BBAR) announce regarding profit distribution?
BBVA Argentina announced authorization to distribute profits totaling ARS 69,011,025,123. The Central Bank’s Superintendence of Exchange Institutions approved this distribution, allowing payment to shareholders in cash and/or in kind, subject to terms defined by the Board of Directors.
How will BBVA Argentina (BBAR) pay the authorized profit distribution?
The profit distribution of ARS 69,011,025,123 will be paid in cash and/or in kind. It will be made in three monthly, equal, non-cumulative installments, with the specific payment method and conditions determined later by the Board of Directors.
Over what schedule will BBVA Argentina (BBAR) distribute the ARS 69,011,025,123?
The total authorized amount will be paid in three monthly installments. Each installment will be equal and non-cumulative, meaning unpaid portions do not carry over, and the Board of Directors will define the exact payment dates and related terms for shareholders.
What role does the BBVA Argentina (BBAR) Board play in this dividend distribution?
The Board of Directors is responsible for setting the opportunity, modality, terms and other conditions of the dividends. These responsibilities follow resolutions adopted at the Annual Ordinary and Extraordinary Shareholders’ Meeting held on April 28, 2026.
Which regulator authorized BBVA Argentina’s (BBAR) profit distribution?
The Central Bank of the Argentine Republic’s Superintendence of Exchange Institutions authorized the distribution. It approved BBVA Argentina’s request to distribute ARS 69,011,025,123 in profits, under the Consolidated Text on Profit Distribution and Communication “A” 8410 requirements.
