Banco BBVA Argentina S A : 4Q20 Factsheet

2020 Factsheet

Corporate Profile

BBVA Argentina (NYSE; BYMA; MAE: BBAR; LATIBEX: XBBAR) is a subsidiary of the BBVA Group, the main shareholder since 1996. In Argentina, it is one of the leading private financial institutions since 1886. Nationwide, BBVA Argentina offers retail and corporate banking to a broad customer base, including: individuals, SME's, and large-sized companies.

Global Strategy

BBVA's strategy is set on improving clients' financial health, having operational excellence and reaching more clients, especially via digital channels. Sustainability, and the best and most engaged team are also key pillars for the Bank.

Data and technology are the main catalyzers of innovation and operational excellence. We want to be a "data-driven bank" and deliver high quality solutions ensuring reliability and security, while decreasing cost.

Equity Ownership

BBVA Group 66.55%

*Includes 0.07% in LATIBEX

Free Float 26.52%

Balance sheet (AR$ millions)	2020	2019	YoY
Total Assets	688,970	614,814	12.1%
Total Loans and other financing	279,519	265,850	5.1%
Total Deposits	478,223	400,237	19.5%
Total Liabilities	584,213	511,543	14.2%
Total Equity	104.757	103.271	1.4%

P&L (AR$ millions) 2020 2019 YoY
Net Interest Income 77,857 90,677	(14.1%)
Net Fee Income 12,240 11,134	9.9%
Operating Expenses (59,625) (77,378)	(22.9%)
Operating Income 40,085 50,836	(21.1%)
Income from net monetary position (19,696) (21,116)	(6.7%)
Net income before income tax 20.662 29.691	(30.4%)
Net Income 12,032 19,708	(38.9%)
Comprehensive Income 17,027 14,792	15.1%

9.9%

(6.7%)

Quarterly Annualized Ratios 2020 2019 YoY
Efficiency Ratio** 45.1% 40.2%	49 bps
ROA 1.8% 2.9%	(11)bps
ROE 11.8% 20.5%	(87)bps
Liquidity 67.5% 69.9%	(24) bps
Capital Ratio 20.2% 20.4%	(2) bps
NPL 1.42% 3.64%	(208)bps
Coverage 324.43% 158.49%	1.659 bps
Cost of Risk 4.85% 7.80%	(30)bps

All Financial Statement figures are consolidated and inflation adjusted as of 4Q20.

Branch network, Employees & Customer base

DIGITAL & MOBILE CUSTOMER PENETRATION

DigitalMobile

Digital Edge & Efficiency

DIGITAL SALES

RETAIL, YTD

80.8%

4Q19

Digital Sales PRV (% Sales)

Digital Sales (% Units)

Ratings

Ordinary share price: AR$155.65

ADR price: USD 3.27

EPS: AR$ 19.7

Shares outstanding: 612.7 m

Market cap*: USD 668 m Avg. volume (total): 1.1 m

*1 ADR is equal to 3 ordinary shares

Branches

247

ATMs

888

ATSs

857

In-company branches

15

Customer service booths

2

Employees*

6,019

Total customers

+2.7 million

Retail

CIB SMEs

+2.6 m +700 +50k

• 66% 71% 72%

  3Q20

• 54% 59% 60%

4Q19

4Q20

REMOTE CHANNELS

% TRANSACTION GROWTH YoY as of 4Q20

80.8%

Digital

• + 72% Mobile

3Q20

4Q20

Long term rating. National for S&P Global Ratings and Fix SCR, International for Fitch Ratings

*Total active employees at the end of the period, includes effective and temporary employees. Excludes expatriates.**Efficiency Ratio excluding inflation adjustments

CCC	raBBB-	AAA (arg)
Fitch Ratings	S&P	Fix SCR

Private Loan Structure

3Q20

4Q19

Corporate 11%

AR$USD

RETAIL 59%

Public+ Financial 1%

COMMERCIAL

SMEs 32%

41%

Private Deposit Structure

AR$ millions

4Q20

Mortgage 10%

Consumer 16%

Pledge 7%

336,691

311,057

4Q19

3Q20

4Q20

AR$USD

395,994

437,658

471,733

4Q19

68%

LOW COST FUNDING

3Q20

4Q20

Checking AccountsSavings AccountsInvestment accountsOtherTime Deposits

NPL, Coverage & Cost of Risk

9%

8%

7%

6%

5%

4%

3%

2%

1%

0%

7.80%

4Q19

Coverage

3Q20

400% 350% 300% 250% 200% 150% 100% 50% 0%

4Q20

NPL

Cost of Risk

All Financial Statement figures are consolidated and inflation adjusted as of 4Q20 *Market shares consolidated (PSA + Rombo + VWFS). Capital balances as of the last day of the quarter. Source BCRA.

4Q20 Market Shares*

10%

8.49%

8%

6%

4%

2% 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

Private LoansPrivate Deposits

Diversified business model

Physical Structure

Branches ATM/ATS Call center

Customer service booth POS*

In-Company banks

Digital ChannelsExclusive Partnerships

Web

Mobile

We are one team

Investor Relations Contacts

Inés Lanusse • Investor Relations Officer

Belén Fourcade • Investor Relations

[e-mail]