Quarterly ResultMay 26, 2026, 04:38 PM
BBVA Argentina Q1 Net Income $85.2B; ROAE 8.3%
AI Summary
Banco BBVA Argentina S.A. reported inflation-adjusted net income of $85.2 billion for the first quarter of 2026, a 31.2% increase quarter-over-quarter but a 21.2% decrease year-over-year. The bank achieved an average return on equity (ROAE) of 8.3% and an average return on assets (ROAA) of 1.2%. Net interest income and net fee income showed strong growth, while loan loss allowances decreased. The non-performing loan ratio rose to 5.60%, but the bank maintained robust liquidity and capital levels, and approved a dividend distribution of $63,057 million.
Key Highlights
- Net income was $85.2 billion, up 31.2% QoQ, down 21.2% YoY.
- Average return on equity (ROAE) reached 8.3%, up from 6.5% in 4Q25.
- Net Interest Income grew 5.9% QoQ to $879.9 billion.
- Net Fee Income increased 16.9% QoQ to $169.8 billion.
- Loan loss allowances decreased 24.8% QoQ to $244.8 billion.
- Non-performing loan ratio (NPL) was 5.60% with 88.41% coverage.
- Total consolidated financing to private sector increased 28.1% YoY to $15.7 trillion.
- A dividend distribution of $63,057 million was approved, effective June.
Price Impact
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