Banco BBVA Argentina S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 22, 2022 at 04:13 pm EST
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Banco BBVA Argentina S.A. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported net interest income was ARS 76,586 million compared to ARS 53,460 million a year ago. Net income was ARS 9,838 million compared to ARS 6,186 million a year ago. Basic earnings per share from continuing operations was ARS 16.06 compared to ARS 10.1 a year ago.
For the nine months, net interest income was ARS 198,961 million compared to ARS 149,898 million a year ago. Net income was ARS 35,362 million compared to ARS 27,303 million 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. 
