Banco BBVA Argentina S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 21, 2023 at 04:34 pm EST
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Banco BBVA Argentina S.A. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was ARS 270,235 million compared to ARS 182,491 million a year ago. Net income was ARS 9,631 million compared to ARS 23,444 million a year ago. Basic earnings per share from continuing operations was ARS 15.72 compared to ARS 38.26 a year ago.
For the nine months, net interest income was ARS 739,268 million compared to ARS 474,086 million a year ago. Net income was ARS 75,236 million compared to ARS 84,262 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. 
