The latest announcement is out from Banco BBVA Argentina ( (BBAR) ).
Banco BBVA Argentina S.A. reported its consolidated results for the fourth quarter and fiscal year 2024, highlighting a decline in net income and operating income compared to the previous year. Despite these declines, the bank experienced significant growth in private sector financing and deposits, increasing its market share in both areas. The bank’s strategic focus on financial intermediation has allowed it to maintain a healthy portfolio quality and strong liquidity and solvency ratios. Additionally, BBVA Argentina announced a strategic agreement with Stellantis to acquire a 50% stake in FCA Compañía Financiera, pending regulatory approval.
More about Banco BBVA Argentina
Banco BBVA Argentina S.A. operates in the financial services industry, offering a range of banking products and services. The company focuses on financial intermediation and has a significant presence in the Argentine market, with a notable market share in private sector loans and deposits.
YTD Price Performance: -15.66%
Average Trading Volume: 884,035
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $4.35B
Learn more about BBAR stock on TipRanks’ Stock Analysis page.