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Grupo Financiero Galicia SA
(NASDAQ:GGAL)
Grupo Financiero Galicia SA (GGAL) vs. SPDR S&P 500 ETF (SPY)
Grupo Financiero Galicia SA Business Overview & Revenue Model
Grupo Financiero Galicia SA Earnings Call Summary
Grupo Financiero Galicia SA Financial Statement Overview
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 13.55T | 10.63T | 13.89T | 8.52T | 2.86T |
| Gross Profit | 5.59T | 6.66T | 6.88T | 4.33T | 1.63T |
| EBITDA | 536.32B | 2.40T | 1.37T | 633.50B | 376.09B |
| Net Income | 228.40B | 1.62T | 734.24B | 329.38B | 188.62B |
Balance Sheet | |||||
| Total Assets | 36.64T | 32.52T | 10.22T | 10.49T | 3.27T |
| Cash, Cash Equivalents and Short-Term Investments | 9.07T | 3.76T | 2.00T | 627.91B | 462.49B |
| Total Debt | 3.65T | 2.16T | 465.73B | 491.26B | 160.31B |
| Total Liabilities | 38.01T | 26.45T | 8.20T | 8.59T | 2.68T |
| Stockholders Equity | 7.76T | 6.06T | 2.02T | 1.90T | 593.09B |
Cash Flow | |||||
| Free Cash Flow | 40.27B | -2.92T | 1.59T | 1.74T | -302.46B |
| Operating Cash Flow | 326.77B | -2.70T | 6.22T | 1.79T | -281.92B |
| Investing Cash Flow | -586.26B | 939.32B | -178.26B | -137.68B | -17.57B |
| Financing Cash Flow | 873.80B | 413.52B | -500.34B | 83.96B | 51.13B |
Grupo Financiero Galicia SA Technical Analysis
Grupo Financiero Galicia SA Risk Analysis
Grupo Financiero Galicia SA Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
65 Neutral | $4.74B | 24.80 | 4.69% | 2.37% | -55.81% | -78.94% | |
57 Neutral | $4.81B | 7.37 | 9.37% | 3.03% | -6.62% | 111.94% | |
56 Neutral | $15.19B | 12.58 | 21.37% | 4.29% | 12.43% | 56.30% | |
55 Neutral | $3.07B | 18.39 | 7.42% | 0.80% | -39.57% | -49.55% | |
49 Neutral | $7.65B | 55.04 | 2.89% | 1.82% | -36.51% | -39.66% | |
42 Neutral | $848.60M | -26.53 | -5.10% | 1.54% | -50.96% | -89.23% |
Grupo Financiero Galicia SA Corporate Events
Grupo Financiero Galicia has called an ordinary shareholders’ meeting for April 28, 2026, to be held remotely via Microsoft Teams, with holders required to submit share ownership certifications by April 22 to be registered for attendance. The agenda centers on approving the 2025 financial statements, allocating 2025 results including increasing and partially reversing reserves to enable a potential dividend of up to Ps. 190 billion, ratifying board and supervisory committee performance and compensation, electing syndics and directors, appointing external auditors for 2025 and 2026, and approving the audit committee’s annual budget, signaling upcoming decisions on capital distribution and governance for investors.
The most recent analyst rating on (GGAL) stock is a Hold with a $49.00 price target. To see the full list of analyst forecasts on Grupo Financiero Galicia SA stock, see the GGAL Stock Forecast page.
Grupo Financiero Galicia S.A., a major Argentine financial group headquartered in Buenos Aires, offers a wide spectrum of banking and financial services to domestic clients and investors. The group is listed as a foreign private issuer in the United States, underscoring its access to international capital markets and its regulatory exposure abroad.
On March 10, 2026, the company’s board resolved to convene an Ordinary Shareholders’ Meeting to be held on April 28, 2026, at 11:00 a.m. via Microsoft Teams videoconference. The formal notice, filed with both the U.S. Securities and Exchange Commission and Argentina’s National Securities Commission, signals upcoming shareholder deliberations that may influence corporate governance and strategic decisions for the financial group.
The most recent analyst rating on (GGAL) stock is a Hold with a $49.00 price target. To see the full list of analyst forecasts on Grupo Financiero Galicia SA stock, see the GGAL Stock Forecast page.
Grupo Financiero Galicia on March 4, 2026 reported its financial results for the fourth quarter and full year ended December 31, 2025, the first full year after integrating the former HSBC Argentina business under the Galicia Más brand. The corporate reorganization, effective January 1, 2025, unified the banking, mutual fund management and certain holding operations into single entities, giving the group 10,079 employees, 432 points of sale and a 15.1% share of private-sector loans and 17.7% of private-sector deposits.
For fiscal 2025, net income attributable to the group reached Ps.196,046 million, down 91% from 2024 and equivalent to a 0.4% ROA and 2.5% ROE, while the fourth quarter showed a net loss of Ps.83,544 million and a negative ROE of 4.3%. Management pointed to a volatile interest-rate environment, higher funding costs, regulatory changes to reserve requirements, and a deterioration in credit quality amid economic adjustment as key pressures on margins and provisions, and noted that integration-related restructuring expenses from the HSBC acquisition further weighed on results, although excluding these non-recurring costs 2025 ROE would have been 4.2%.
The group’s capital position remained solid, with a consolidated capital ratio of 23.0% in the fourth quarter, and efficiency indicators improved, with the 4Q 2025 efficiency ratio falling to 40.9% from 71.6% a year earlier, helped by scale gains from the integration. However, asset quality weakened, with the non-performing loan ratio rising to 8.2% and the cost of risk increasing, leading to higher loan-loss provisioning and lower coverage compared with 2024.
In parallel, Grupo Galicia and Banco Santander finalized in December 2025 a joint venture to develop Nera, their digital payment and financing ecosystem for the agricultural sector in Argentina, Paraguay and Uruguay, under a new holding company in Spain with shared control and profits. Nera expanded its product offering during 2025 to include a broader range of bank loans for inputs, livestock and machinery, and strengthened existing single-signature and future-grain loans, originating about US$1.1 billion through 23,379 transactions and connecting 6,008 farmers with 2,910 merchants on its fully digital platform.
The most recent analyst rating on (GGAL) stock is a Buy with a $72.00 price target. To see the full list of analyst forecasts on Grupo Financiero Galicia SA stock, see the GGAL Stock Forecast page.
On March 3, 2026, Grupo Financiero Galicia’s board approved the payment of cash dividends totaling Ps. 40.6 billion, equivalent to Ps. 25.2769025378911 per share, pursuant to a decision taken at the shareholders’ meeting held on April 29, 2025. The dividend corresponds to 2,527.6903% of the company’s capital stock, with shareholders of record as of March 6, 2026 scheduled to receive payment on March 11, 2026, or on an alternative date where required by local listing rules.
The company said the dividend will be subject to deductions for Argentina’s Personal Asset Tax, as well as a 7% withholding under the Argentine Income Tax Law, signaling a material though tax-affected cash return to investors. Payments will be processed through Caja de Valores for local shareholders and via Bank of New York Mellon for ADR holders, underscoring the group’s effort to maintain shareholder remuneration while navigating the country’s tax and regulatory framework.
The most recent analyst rating on (GGAL) stock is a Buy with a $72.00 price target. To see the full list of analyst forecasts on Grupo Financiero Galicia SA stock, see the GGAL Stock Forecast page.
On March 3, 2026, Grupo Financiero Galicia announced that its board of directors approved a cash dividend distribution totaling Ps. 40,601,118,959.06, acting under powers granted by shareholders at the ordinary meeting held on April 29, 2025. The dividend will be made available to shareholders of record as of March 6, 2026, with payment starting March 11, 2026, reinforcing capital returns to investors and signaling confidence in the group’s financial position and earnings capacity.
The decision to distribute such a sizable cash dividend may enhance shareholder value and could improve the stock’s appeal in the Argentine financial sector. By executing this payout within a clearly defined record and payment schedule, the company underscores its commitment to disciplined capital management while balancing regulatory expectations and investor interests in a volatile local macroeconomic environment.
The most recent analyst rating on (GGAL) stock is a Buy with a $72.00 price target. To see the full list of analyst forecasts on Grupo Financiero Galicia SA stock, see the GGAL Stock Forecast page.
Grupo Financiero Galicia S.A. reported that on February 27, 2026, its main subsidiary Banco de Galicia y Buenos Aires S.A. began distributing the ninth cash dividend installment for fiscal year 2024, totaling ARS 40.601.848.516,52 and allocated in proportion to each shareholder’s stake. The payout, authorized by the Argentine Central Bank and subject to a 7% withholding tax under local income tax law, underscores the bank’s ability to generate distributable earnings despite Argentina’s challenging macroeconomic environment and confirms continued cash returns to shareholders in line with its established dividend schedule.
The dividend, tied to results for the year ended December 31, 2024, is processed through the bank’s Securities Department in Buenos Aires and marks another step in completing the multi‑installment dividend program approved for that fiscal year. This ongoing distribution program may bolster investor confidence in Grupo Financiero Galicia’s capital position and earnings resilience, while signaling regulatory comfort with the bank’s dividend policy, which is a key consideration for both local and international stakeholders monitoring Argentina’s banking sector.
The most recent analyst rating on (GGAL) stock is a Buy with a $72.00 price target. To see the full list of analyst forecasts on Grupo Financiero Galicia SA stock, see the GGAL Stock Forecast page.
On February 4, 2026, Grupo Financiero Galicia disclosed that its Mexican subsidiary N-Xers S.A. de C.V., headquartered in the United Mexican States, has applied to Mexico’s National Banking and Securities Commission (CNBV) for authorization to be organized and operate as a multiple banking institution under that country’s Credit Institutions Law. The move signals Galicia’s intention to deepen its footprint in the Mexican financial sector, potentially broadening its regional banking platform and revenue base, although market implications will depend on the CNBV’s decision, which the company said it will report once the competent authority issues its ruling.
The most recent analyst rating on (GGAL) stock is a Buy with a $63.00 price target. To see the full list of analyst forecasts on Grupo Financiero Galicia SA stock, see the GGAL Stock Forecast page.
On February 3, 2026, Grupo Financiero Galicia S.A.’s board of directors approved the payment of cash dividends totaling Ps. 39,463,919,030.56, equivalent to Ps. 24.5689197902307 per share with a face value of Ps. 1.00, representing 2,456.8919% of the company’s capital stock, in line with a decision adopted at the shareholders’ meeting held on April 29, 2025. The dividend will be paid to shareholders of record as of February 6, 2026, with a scheduled payment date of February 11, 2026, through Caja de Valores S.A. in Argentina, while ADR holders will receive payment via The Bank of New York Mellon according to applicable foreign currency conversion and local listing rules; the distribution will be subject to deductions related to Argentina’s Personal Asset Tax and a 7% withholding under the Income Tax Law, underscoring a substantial capital return to investors and highlighting the group’s current earnings capacity and shareholder-remuneration policy in a highly regulated Argentine tax and capital markets environment.
The most recent analyst rating on (GGAL) stock is a Buy with a $63.00 price target. To see the full list of analyst forecasts on Grupo Financiero Galicia SA stock, see the GGAL Stock Forecast page.
On February 3, 2026, Grupo Financiero Galicia’s board of directors approved a cash dividend distribution totaling Ps. 39.46 billion to shareholders of record as of February 6, 2026, with payment beginning on February 11, 2026, pursuant to authorizations granted at the ordinary shareholders’ meeting held on April 29, 2025. The sizable dividend underscores the group’s capital position and its ongoing policy of returning cash to investors, a move likely to be closely watched by market participants evaluating the strength and profitability of Argentina’s financial sector.
The most recent analyst rating on (GGAL) stock is a Buy with a $63.00 price target. To see the full list of analyst forecasts on Grupo Financiero Galicia SA stock, see the GGAL Stock Forecast page.
On January 30, 2026, Grupo Financiero Galicia reported that its main subsidiary, Banco de Galicia y Buenos Aires, made available the eighth cash dividend installment for fiscal year 2024, totaling ARS 39.46 billion. The payment, authorized by the Argentine Central Bank and aligned with the bank’s previously established dividend schedule, is being distributed to shareholders in proportion to their holdings and is subject to a 7% withholding tax under Argentine income tax law, underscoring the bank’s ongoing profitability and its continued capital returns to investors.
The most recent analyst rating on (GGAL) stock is a Buy with a $62.00 price target. To see the full list of analyst forecasts on Grupo Financiero Galicia SA stock, see the GGAL Stock Forecast page.
On January 23, 2026, Argentina’s National Commission for the Defense of Competition authorized Grupo Financiero Galicia’s acquisition of exclusive control over HSBC Bank Argentina and several related local HSBC entities, including holdings, asset management and life and retirement insurance companies, a decision disclosed publicly on January 26, 2026. The approval clears a key regulatory hurdle for Galicia’s planned economic concentration, paving the way for a significant expansion of its banking, asset management and insurance footprint in Argentina and potentially reshaping competitive dynamics in the country’s financial sector as HSBC’s local operations are integrated into the Galicia group.
The most recent analyst rating on (GGAL) stock is a Buy with a $63.00 price target. To see the full list of analyst forecasts on Grupo Financiero Galicia SA stock, see the GGAL Stock Forecast page.
On January 6, 2026, Grupo Financiero Galicia announced that its board of directors, following a resolution adopted at the shareholders’ meeting held on April 29, 2025, approved the payment of a substantial cash dividend totaling Ps. 38.37 billion, equivalent to Ps. 23.8892068911642 per share, representing 2,388.9207% of the company’s capital stock. The dividend will be paid on January 14, 2026, to shareholders of record as of January 9, 2026, with payments processed through Caja de Valores in Argentina and, for ADR holders, via The Bank of New York Mellon in accordance with applicable foreign exchange and listing regulations; amounts will be subject to deductions for Personal Asset Tax and a 7% withholding under Argentine income tax law, underlining both the company’s strong capital position and the tax and operational considerations relevant for local and international investors.
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.
On January 6, 2026, Grupo Financiero Galicia S.A. announced that its Board of Directors, acting under authority granted by shareholders at the April 29, 2025 ordinary shareholders’ meeting, approved the distribution of a cash dividend totaling Ps. 38,372,127,651.79. The dividend will be made available to shareholders of record as of January 9, 2026, with payments starting on January 14, 2026, signaling a substantial capital return to investors that underscores the group’s financial strength and its commitment to shareholder remuneration.
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.
On December 30, 2025, Grupo Financiero Galicia announced that its main subsidiary, Banco de Galicia y Buenos Aires S.A., made available the seventh installment of a cash dividend linked to results for the fiscal year ended December 31, 2024. The payment totals ARS 38.37 billion, is distributed in proportion to each shareholder’s stake, and was authorized by the Argentine Central Bank, underscoring the bank’s continued profitability and regulatory approval to return capital. The distribution is subject to a 7% Argentine income tax withholding, which is relevant for investors’ net proceeds, and the installment follows a predefined dividend payment schedule, signaling ongoing execution of the bank’s capital distribution policy.
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.
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.