Grupo Supervielle S.A. Reports 1Q19 Consolidated Results
Grupo Supervielle S.A. American Depositary Shares each Representing five Class B shares (SUPV)
Last grupo supervielle s.a. american depositary shares each representing five class b shares earnings: 2/19 04:38 pm
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Source: Business Wire
1Q19 Net Income of AR$589 million on track with full year 2019 guidance in challenging macro environment BUENOS AIRES, Argentina--(BUSINESS WIRE)-- Grupo Supervielle S.A. (NYSE: SUPV) (BYMA: SUPV), (“Supervielle” or the “Company”) a universal financial services group headquartered in Argentina with a nationwide presence, today reported results for the three-month periods ended March 31, 2019. All figures presented throughout this document are expressed in nominal Argentine pesos (AR$) and all financial information has been prepared in accordance with IFRS in compliance with the adoption ruled by the Argentine Central Bank. First Quarter 2019 Highlights Revenues up 7.3% QoQ, driven by increases of 4.2% in Net Financial Income and 15.0% in Net Service Fee Income. YoY total revenues rose 51.1% supported by growth of 51.2% in Net Financial Income and 38.6% in fee income.
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