tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Grupo Financiero Galicia Faces Class Action Lawsuit Over Tax Practices

Story Highlights
Grupo Financiero Galicia Faces Class Action Lawsuit Over Tax Practices

Claim 50% Off TipRanks Premium and Invest with Confidence

Grupo Financiero Galicia SA ( (GGAL) ) just unveiled an announcement.

On December 12, 2025, Grupo Financiero Galicia S.A. announced that its main subsidiary, Banco de Galicia y Buenos Aires S.A., has been notified of a class action lawsuit. The lawsuit challenges the bank’s application of the ‘Inclusive and Supportive Argentina’ tax and related withholdings. The bank is currently analyzing the lawsuit’s implications, but anticipates that an unfavorable outcome would not significantly affect its shareholders’ equity.

The most recent analyst rating on (GGAL) stock is a Buy with a $58.00 price target. To see the full list of analyst forecasts on Grupo Financiero Galicia SA stock, see the GGAL Stock Forecast page.

Spark’s Take on GGAL Stock

According to Spark, TipRanks’ AI Analyst, GGAL is a Outperform.

Grupo Financiero Galicia SA’s overall stock score is driven by strong valuation metrics and positive technical indicators, suggesting potential upside. However, financial performance is mixed with strong revenue growth offset by cash flow challenges. The recent earnings call highlighted significant restructuring expenses and economic volatility, which weigh on the score. The company’s projected recovery in 2026 offers a positive outlook, but current risks remain.

To see Spark’s full report on GGAL stock, click here.

More about Grupo Financiero Galicia SA

Grupo Financiero Galicia S.A. is a leading financial services group in Argentina, primarily offering banking services through its main subsidiary, Banco de Galicia y Buenos Aires S.A. The company focuses on providing comprehensive financial solutions to individuals and businesses, positioning itself as a key player in the Argentine financial market.

Average Trading Volume: 2,979,710

Technical Sentiment Signal: Strong Buy

Current Market Cap: $8.38B

For detailed information about GGAL stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1