BUENOS AIRES--(BUSINESS WIRE)--August 20, 2025--
Banco BBVA Argentina S.A (NYSE; BYMA; MAE: BBAR; LATIBEX: XBBAR) ("BBVA Argentina" or "BBVA" or "the Bank") announced today its consolidated results for the second quarter (2Q25), ended on June 30, 2025.
As of January 1, 2020, the Bank started to inform its inflation adjusted results pursuant to IAS 29 reporting. To facilitate comparison, figures of comparable quarters of 2024 and 2025 have been updated according to IAS 29 reporting to reflect the accumulated effect of inflation adjustment for each period up to June 30, 2025.
2Q25 & 1H25 Highlights
-- BBVA Argentina's inflation-adjusted net income in 2Q25 was $59.6
billion, 31.1% lower than the $86.5 billion reported on the first quarter
of 2025 (1Q25), and 62.1% lower than the $157.4 billion reported on the
second quarter of 2024 (2Q24). The 6 month accumulated net income for
2025 was $146.1 billion, 31.7% below the $213.8 billion reported in the
same period of 2024.
-- In 2Q25, BBVA Argentina posted an inflation adjusted average return on
assets (ROAA) of 1.2% versus 2.0% the prior quarter, and an inflation
adjusted average return on equity (ROAE) of 7.6% versus 11.4% the prior
quarter. The six-month accumulated ROA for 2025 was 1.5% versus 3.0% in
2024, while the ROE was 9.6% versus 13.3% in 2024.
-- The 2Q25 total NIM was 19.1% versus 19.2% in 1Q25. NIM in local
currency was 21.7% and NIM in USD was 5.4%, the former remaining stable
from 1Q25's 21.8% and the latter improving significantly from 3.9% in the
prior quarter.
-- In terms of activity, total consolidated financing to the private
sector in 2Q25 totaled $11.3 trillion, increasing 15.7% in real terms
compared to 1Q25, and 109.6% compared to 2Q24. In the quarter, the
variation was driven by an overall growth in all lines, especially in
prefinancing and financing of exports by 23.5%, in overdrafts by 34.6%
and in other loans by 25.2%. BBVA's consolidated market share of private
sector loans reached 11.61% as of 2Q25, gaining 35 bps
quarter-over-quarter (QoQ), and 107 bps year-over-year (YoY).
-- Total consolidated deposits in 2Q25 totaled $13.0 trillion, increasing
12.0% in real terms during the quarter, and 60.8% YoY. Quarterly increase
was mainly explained by an increment in time deposits by 36.3%, and in
savings accounts by 11.6%, the latter mainly due to deposits in foreign
currency. The Bank's consolidated market share of private deposits
reached 9.64% as of 2Q25 increasing 49 bps QoQ and 214 bps YoY.
-- As of 2Q25, the non-performing loan ratio (NPL) reached 2.28%, with a
115.5% coverage ratio.
-- The quarterly efficiency ratio in 2Q25 was 56.5%, remaining relatively
stable compared to 1Q25's 56.3%.
-- As of 2Q25, BBVA Argentina reached a regulatory capital ratio of 18.4%
(Tier 1: 18.4%), entailing a 123.9% excess over minimum regulatory
requirement.
-- Total liquid assets represented 48.7% of the Bank's total deposits as
of 2Q25
2Q25 Results Conference Call
Thursday, August 21, 2025
Time: 12:00 p.m. Buenos Aires time -- (11:00 a.m. ET)
To participate click to register
About BBVA Argentina
BBVA Argentina S.A. (NYSE; MAE; BYMA: BBAR; Latibex: XBBAR) is a subsidiary of the BBVA Group, its main shareholder since 1996. In Argentina, it has been one of the leading financial institutions since 1886. BBVA Argentina offers retail and corporate banking to a wide client base, including individuals, SMEs, and large corporations.
BBVA's strategy is to support its clients' ambition to go further. This is achieved through constant and empathetic support during key moments, recognizing the inner strength that drives people. The value proposition focuses on anticipation and innovation to be the ideal partner that helps clients reach their goals.
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CONTACT: BBVA Argentina Investor Relations
investorelations-arg@bbva.com
ir.bbva.com.ar
(END) Dow Jones Newswires
August 20, 2025 16:50 ET (20:50 GMT)