Banco BBVA Argentina S.A. Announces Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2020
March 09, 2021 at 04:34 pm EST
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Banco BBVA Argentina S.A. announced consolidated earnings results for the fourth quarter and full year ended December 31, 2020. For the quarter, the company reported net interest income of ARS 19,528 million compared to ARS 23,799 million a year ago.
For the full year, the company reported net interest income of ARS 77,857 million compared to ARS 90,677 million a year ago. Net operating income was ARS 99,710 million compared to ARS 128,214 million a year ago. Operating income was ARS 40,085 million compared to ARS 50,836 million a year ago. Income for the period was ARS 12,032 million compared to ARS 19,708 million a year ago. Earnings per share was ARS 19.66 compared to ARS 32.17 a year ago.
Banco Bbva Argentina SA, formerly known as BBVA French Bank, is an Argentina-based banking institution. Through its banking platform, the Bank provides a broad range of financial and non-financial services to both individuals and companies. It manages three business lines: Retail Banking, Small and Medium-Sized Companies and Corporate and Investment Banking (C&IB). Retail Banking offers checking and savings accounts, time deposits, credit cards, loans, mortgages, insurance and investment products, among others. Small and Medium-Sized Companies targets local private-sector companies providing financing products, factoring, checking accounts, time deposits, transactional and payroll services, insurance and investment products, among others. C&IB offers financial services to corporations and multinational companies, as well as global transaction services, global markets solutions, long term financing, among others. The Bank is active locally, mostly.
BANCO BBVA ARGENTINA S.A. 
