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Banco BBVA Argentina S.A. announces Fourth Quarter and Fiscal Year 2023 results [Yahoo! Finance]

Banco BBVA Argentina S.A. ADS (BBAR) 
Last banco bbva argentina s.a. ads earnings: 11/7 04:30 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Bank ") announced today its consolidated results for the fourth quarter (4Q23), ended on December 31, 2023 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 2022 and 2023 have been updated according to IAS 29 reporting to reflect the accumulated effect of inflation adjustment for each period up to December 31, 2023 4Q23 & 2023 Highlights BBVA Argentina's inflation adjusted net income in 4Q23 was $48.6 billion , 220.8% higher than the $15.2 billion reported on the third quarter of 2023 (3Q23), and 8.7% lower than the $53.2 billion reported on the fourth quarter of 2022 (4Q22). BBVA Argentina's inflation adjusted net income for the twelve months of 2023 totaled $164.9 billion , 8.6% lower than the $180.4 billion reported in the twelve months of 2022. In 4Q23, BBVA Argentina posted an inflation adjusted average return on assets (ROAA) of 3.2% and an inflation Show less Read more
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