阿根廷BBVA银行报告第二季度业绩

2024-08-22 04:33

Banco BBVA Argentina press release (NYSE:BBAR): Q2 inflation adjusted net income in 2Q24 was $112.9 billion, 178.8% above the $40.5 billion reported in the first quarter of 2024 (1Q24), and 0.1% above than the $112.803 billion reported on the second quarter of 2023 (2Q23).
In 2Q24, BBVA Argentina posted an inflation adjusted average return on assets of 4.7% and an inflation adjusted average return on equity of 19.5%.
Operating income in 2Q24 was $446.7 billion, 40.3% lower than the $748.4 billion recorded in 1Q24 and 4.1% lower than the $465.7 billion recorded in 2Q23.
In terms of activity, total consolidated financing to the private sector in 2Q24 totaled $3.8 trillion, increasing 23.1% in real terms compared to 1Q24, and contracting 3.5% compared to 2Q23.
Total consolidated deposits in 2Q24 totaled $5.8 trillion, increasing 2.6% in real terms during the quarter, and falling 22.2% YoY.
As of 2Q24, the non-performing loan ratio reached 1.18%, with a 165.50% coverage ratio.
The accumulated efficiency ratio in 2Q24 was 59.9%, improving compared to 1Q24's 65.4%, and above 2Q23's 56.6%.
As of 2Q24, BBVA Argentina reached a regulatory capital ratio of 25.3%, entailing a $1.25 trillion or 210.30% excess over minimum regulatory requirement. Tier I ratio was 25.3%.
Total liquid assets represented 69.5% of the Bank's total deposits as of 2Q24.

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