Banco BBVA Argentina S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 23, 2023 at 04:33 pm EDT
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Banco BBVA Argentina S.A. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net interest income was ARS 185,505 million compared to ARS 117,082 million a year ago. Net income was ARS 30,058 million compared to ARS 34,523 million a year ago. Basic earnings per share from continuing operations was ARS 49.06 compared to ARS 56.34 a year ago.
For the six months, net interest income was ARS 347,892 million compared to ARS 216,283 million a year ago. Net income was ARS 48,661 million compared to ARS 45,110 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. 
