Grupo Financiero Galicia S.A.

GGAL

ARP495251018

Banks

End-of-day quote Buenos Aires S.E. Other stock markets 06:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
3,312 ^ARS	+3.72%		+9.22%	+97.53%

Apr. 19	ETF of the week: Diversifying into frontier markets
Apr. 09	Argentina's Banco Galicia bets on lower inflation, rates after HSBC deal	RE

Grupo Financiero Galicia S.A. Reports Earnings Results for the Third Quarter Ended September 30, 2023

November 22, 2023 at 10:13 am EST

Grupo Financiero Galicia S.A. reported earnings results for the third quarter ended September 30, 2023. For the third quarter, the company reported net interest income was ARS 291,697 million compared to ARS 59,515 million a year ago. Net income was ARS 54,216 million compared to ARS 26,682 million a year ago.

Latest news about Grupo Financiero Galicia S.A.

ETF of the week: Diversifying into frontier markets	Apr. 19
Argentina's Banco Galicia bets on lower inflation, rates after HSBC deal	Apr. 09	RE
Sector Update: Financial Stocks Advance Premarket Tuesday	Apr. 09	MT
HSBC to Sell Argentina Business to Grupo Financiero Galicia; to Record $1 Billion Pre-Tax Loss on Deal	Apr. 09	MT
HSBC to Sell Argentina Business in Latest Market Exit -- Update	Apr. 09	DJ
HSBC to Sell Argentina Business for $550.0 Million	Apr. 09	DJ
HSBC takes $1 bln hit from Argentina sale as Asia pivot continues	Apr. 09	RE
HSBC to sell Argentina business to Galicia in $550 mln deal	Apr. 09	RE
Grupo Financiero Galicia S.A. has entered into a binding agreement to acquire HSBC Argentina?s business from HSBC Latin America B.V. for $550 million.	Apr. 08	CI
Grupo Financiero Galicia S.A. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Mar. 03	CI
Transcript : Grupo Financiero Galicia S.A., Q3 2023 Earnings Call, Nov 22, 2023	Nov. 22
Grupo Financiero Galicia S.A. Reports Earnings Results for the Third Quarter Ended September 30, 2023	Nov. 22	CI
Argentina markets buckle up for reopening after Milei election triumph	Nov. 21	RE
Top Premarket Gainers	Nov. 20	MT
FX hits 9-month high; Argentina in focus after Milei win	Nov. 20	RE
Grupo Financiero Galicia S.A. Announces Cash Dividend, Payable on September 11, 2023	23-09-05	CI
Grupo Financiero Galicia S.A. Reports Earnings Results for the Second Quarter Ended June 30, 2023	23-08-23	CI
Transcript : Grupo Financiero Galicia S.A., Q2 2023 Earnings Call, Aug 23, 2023	23-08-23
Grupo Financiero Galicia S.A. Announces Dividend, Payable on August 8, 2023	23-08-02	CI
Grupo Financiero Galicia S.A. Approves Cash Dividend, Payable on July 10, 2023	23-07-05	CI
Grupo Financiero Galicia S.A. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-24	CI
Transcript : Grupo Financiero Galicia S.A., Q1 2023 Earnings Call, May 24, 2023	23-05-24
Grupo Financiero Galicia S.A. Announces Cash Dividend	23-05-03	CI
Grupo Financiero Galicia S.A. Reports Earnings Results for the Full Year Ended December 31, 2022	23-03-08	CI
Grupo Financiero Galicia S.A. Reports Earnings Results for the Fourth Quarter Ended December 31, 2022	23-03-08	CI

Chart Grupo Financiero Galicia S.A.

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Company Profile

Grupo Financiero Galicia SA is an Argentina-based financial services holding company. The Company does not have operations of its own and conduct its business through its subsidiaries. Banco Galicia is the Company's main subsidiary and one of Argentinaâs service banks. The Company's goal is to consolidate its position as one of Argentinaâs comprehensive financial services providers while continuing to strengthen Banco Galiciaâs position as one of Argentinaâs banks. The Company seeks to broaden and complement the operations and businesses of Banco Galicia, through holdings in companies and undertakings whose objectives are related to and/or can produce synergies with financial activities. The Company's non-banking subsidiaries operate in financial and related activities.

Sector

Banks

Calendar

2024-05-21 - Q1 2024 Earnings Release (Projected)

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Ratings for Grupo Financiero Galicia S.A.

Trading Rating

Investor Rating

ESG Refinitiv

B+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

3,312 ARS

Average target price

5,005 ARS

Spread / Average Target

+51.09%

Consensus

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Quarterly earnings - Rate of surprise

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