3Q20 Factsheet

Corporate Profile

BBVA Argentina (NYSE; BYMA; MAE: BBAR; LATIBEX: XBBAR) is a subsidiary of the BBVA Group, the main shareholder since 1996. In Argentina, it is one of the leading private financial institutions since 1886. Nationwide, BBVA Argentina offers retail and corporate banking to a broad customer base, including: individuals, SME's, and large-sized companies.

Global Strategy

BBVA's strategy is set on improving clients' financial health, having operational excellence and reaching more clients, especially via digital channels. Sustainability, and the best and most engaged team are also key pillars for the Bank.

Data and technology are the main catalyzers of innovation and operational excellence. We want to be a "data-driven bank" and deliver high quality solutions ensuring reliability and security, while decreasing cost.

Equity Ownership

BBVA Group 66.55%

*Includes 0.07% in LATIBEX

Free Float 26.45%

Balance sheet (AR$ millions)

3Q20

2Q20

3Q19

YoY

Total Assets

589,836

583,575

583,301

1.1%

Total Loans and other financing

250,920

261,845

281,088

(10.7%)

Total Deposits

399,607

401,833

375,088

6.5%

Total Liabilities

483,145

481,358

489,465

(1.3%)

Total Equity

106,691

102,217

93,836

13.7%

P&L (AR$ millions)

3Q20

2Q20

3Q19

YoY

Net Interest Income

16,652

17,092

22,384

(25.6%)

Net Fee Income

3,005

3,347

2,247

33.7%

Operating Expenses

(12,487) (12,350) (16,265)

(23.2%)

Operating Income

6,257

7,213

10,721

(41.6%)

Income from net monetary position

(2,242)

(2,459)

(1,406)

59.4%

Net income before income tax

4,002

4,955

9,267

(56.8%)

Net Income

2,833

2,753

8,185

(65.4%)

%

%

Quarterly Annualized Ratios

3Q20

2Q20

3Q19

YoY

Efficiency Ratio**

49.1% 42.8% 16.4%

3,279 bps

ROA

1.9%

1.9%

5.8%

(383)bps

ROE

11.0%

11.1% 38.6%

(2,758)bps

Liquidity

66.0%

63.7%

61.7%

432 bps

Capital Ratio

23.3%

21.9%

19.7%

360 bps

NPL

1.2%

1.6%

3.2%

(208)bps

Coverage

355.3% 269.4% 148.1%

20,715 bps

Cost of Risk

1.4%

4.3%

9.3%

(794)bps

All Financial Statement figures are consolidated and inflation adjusted as of 3Q20. *total effective employees, net of temporary contract employees.

Branch network, Employees & Customer base

DIGITAL & MOBILE CUSTOMER PENETRATION

DigitalMobile

Digital Edge & Efficiency

DIGITAL SALES

RETAIL, YTD

54.5%

3Q19

Digital Sales PRV (% Sales)

Digital Sales (% Units)

Ratings

**Efficiency Ratio excluding inflation adjustments

Ordinary share price: AR$121.50

ADR price: USD 2.52

EPS: AR$ 4.6

Shares outstanding: 612.7 m

Market cap*: USD 515 m Avg. volume (total): 0.9 m

*1 ADR is equal to 3 ordinary shares

Branches

247

ATMs

883

ATSs

860

In-company branches

15

Customer service booths

2

Employees*

6,065

Total customers

+2.7 million

Retail

CIB SMEs

+2.6 m +700 +50k

  • 65% 69% 71%

3Q20

57% 59%

3Q19

2Q20

REMOTE CHANNELS

% TRANSACTION GROWTH QoQ as of 3Q20

80.0%

74.2%

Digital

  • + 22% Mobile

2Q20

3Q20

Long term rating. National for S&P Global Ratings and Fix SCR, International for Fitch Ratings

CCC

raBBB-

AAA (arg)

Fitch Ratings

S&P

Fix SCR

Private Loan Structure

231,566

229,302

204,674

3Q19

Public+ Financial 1%

2Q20

AR$USD

RETAIL 55%

Corporate 11%SMEs 32%

COMMERCIAL 45%

Pref &Financ. of exports 15%

Private Deposit Structure

AR$ millions

3Q20

Financial leases 1%

Discounted instr.

26%

279,409

273,341

3Q19

2Q20

3Q20

AR$USD

370,968

395,629

393,128

3Q19

64%

LOW COST FUNDING

2Q20

3Q20

Checking AccountsSavings AccountsInvestment accountsOtherTime Deposits

NPL, Coverage & Cost of Risk

10% 9% 8% 7% 6% 5% 4% 3% 2% 1% 0%

9.31%

3Q19

Coverage

2Q20

400%

350%

300%

250%

200%

150%

100%

50%

0%

3Q20

NPL

Cost of Risk

All Financial Statement figures are consolidated and inflation adjusted as of 3Q20 *Market shares consolidated (PSA + Rombo + VWFS). Capital balances as of the last day of the quarter. Source BCRA.

3Q20 Market Shares*

10%

8.25%

8%

6%

6.46%

4%

2% 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

Private loansPrivate deposits

Diversified business model

Physical Structure

Branches ATM/ATS Call center

Customer service booth POS*

In-Company banks

Digital ChannelsExclusive Partnerships

Web

Mobile

We are one team

Investor Relations Contacts

Inés Lanusse • Investor Relations Officer Javier Kelly • Investor Relations Manager Belén Fourcade • Investor Relations Analyst

Investorelations-arg@bbva.comwww.ir.bbva.com.ar

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Disclaimer

Banco BBVA Argentina SA published this content on 30 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 December 2020 13:10:04 UTC