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Argentinian (MERVAL) Banks Industry Analysis

UpdatedAug 11, 2025
DataAggregated Company Financials
Companies7
  • 7D3.4%
  • 3M-8.0%
  • 1Y54.3%
  • YTD-17.1%

In the last week, the Banks industry is up 3.4%, with Grupo Financiero Galicia up 1.3%. This means that the industry has gained 54% over the past year. Earnings are forecast to grow by 26% annually.

Industry Valuation and Performance

Has the Argentinian Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 11 Aug 2025AR$25.3tAR$14.0tAR$2.0t12.3x12.5x1.8x
Wed, 09 Jul 2025AR$22.8tAR$14.0tAR$2.0t11.3x11.3x1.6x
Fri, 06 Jun 2025AR$24.4tAR$14.0tAR$1.9t11.8x12.7x1.7x
Sun, 04 May 2025AR$27.4tAR$18.5tAR$2.7t12.3x10x1.5x
Tue, 01 Apr 2025AR$27.5tAR$18.6tAR$2.7t12x10.1x1.5x
Thu, 27 Feb 2025AR$26.6tAR$11.7tAR$1.8t14.2x14.6x2.3x
Sat, 25 Jan 2025AR$31.1tAR$11.7tAR$1.8t16.4x17.1x2.7x
Mon, 23 Dec 2024AR$27.2tAR$11.1tAR$1.8t16.1x14.8x2.4x
Wed, 20 Nov 2024AR$22.5tAR$12.4tAR$1.7t13x13.4x1.8x
Fri, 18 Oct 2024AR$19.8tAR$14.0tAR$1.8t11.6x11.2x1.4x
Sun, 15 Sep 2024AR$20.2tAR$14.6tAR$1.8t12.1x11x1.4x
Tue, 13 Aug 2024AR$16.2tAR$12.6tAR$1.8t11.8x9.2x1.3x
Thu, 11 Jul 2024AR$16.2tAR$12.6tAR$1.8t11.6x9.2x1.3x
Sat, 08 Jun 2024AR$16.8tAR$12.5tAR$1.8t11.6x9.5x1.3x
Mon, 06 May 2024AR$15.1tAR$10.0tAR$1.3t13.5x11.6x1.5x
Wed, 03 Apr 2024AR$11.6tAR$10.1tAR$1.3t11x8.9x1.2x
Fri, 01 Mar 2024AR$8.8tAR$3.4tAR$411.6b19.3x21.4x2.6x
Sun, 28 Jan 2024AR$9.6tAR$3.1tAR$349.8b28.6x27.4x3.1x
Tue, 26 Dec 2023AR$6.5tAR$3.1tAR$349.8b17x18.5x2.1x
Thu, 23 Nov 2023AR$4.6tAR$2.5tAR$282.8b15.5x16.1x1.8x
Sat, 21 Oct 2023AR$4.1tAR$2.5tAR$282.8b13.8x14.5x1.6x
Mon, 18 Sep 2023AR$4.0tAR$2.6tAR$283.1b13.4x14.2x1.6x
Wed, 16 Aug 2023AR$3.6tAR$2.1tAR$186.5b11x19.3x1.7x
Fri, 14 Jul 2023AR$3.4tAR$2.1tAR$186.5b10.4x18.1x1.6x
Sun, 11 Jun 2023AR$2.6tAR$2.1tAR$186.5b8.5x14.1x1.2x
Tue, 09 May 2023AR$1.9tAR$2.0tAR$171.2b6.7x11.3x1x
Thu, 06 Apr 2023AR$1.7tAR$1.9tAR$161.6b10.9x10.4x0.9x
Sat, 04 Mar 2023AR$1.8tAR$1.3tAR$100.0b12.8x17.9x1.4x
Mon, 30 Jan 2023AR$1.8tAR$1.1tAR$86.9b18.2x21.1x1.7x
Wed, 28 Dec 2022AR$1.2tAR$1.1tAR$86.9b12.2x14.4x1.2x
Fri, 25 Nov 2022AR$974.6bAR$902.5bAR$87.0b8x11.2x1.1x
Sun, 23 Oct 2022AR$973.6bAR$898.3bAR$86.0b8.2x11.3x1.1x
Tue, 20 Sep 2022AR$1.1tAR$905.0bAR$85.3b11.4x12.7x1.2x
Thu, 18 Aug 2022AR$891.5bAR$834.0bAR$89.2b9.1x10x1.1x
Price to Earnings Ratio

10x


Total Market Cap: AR$891.5bTotal Earnings: AR$89.2bTotal Revenue: AR$834.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Argentinian Banks Industry Price to Earnings3Y Average 13.5x202320242025
Current Industry PE
  • Investors are relatively neutral on the Argentinean Banks industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 13.5x.
  • The 3-year average PS ratio of 1.6x is lower than the industry's current PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the Banks industry have grown 183% per year over the last three years.
  • Revenues for these companies have grown 156% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Argentinian Financials industry?

AR Market1.25%
Financials2.29%
Banks3.45%
Diversified Banks3.45%
Industry PE
  • Investors are most optimistic about the Diversified Banks industry, which is trading close to its 3-year average PE ratio of 13.5x.
    • Analysts are expecting annual earnings growth of 26.5%, which is higher than its past year's earnings growth of 0.6% per year.
  • Investors are most pessimistic about the Diversified Banks industry, which is trading close to its 3-year average of 13.5x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 26% over the next 5 years.
  • This is better than its past earnings growth rate of 0.6% per year.
  • In contrast, the Diversified Banks industry is expected to see its earnings grow by 26% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
GGAL Grupo Financiero GaliciaAR$6.78k1.3%
+AR$144.6b
62.6%PB1.6x
BBAR Banco BBVA ArgentinaAR$7.32k2.4%
+AR$104.2b
81.9%PB1.6x
BMA Banco MacroAR$9.47k1.4%
+AR$83.1b
41.8%PB1.4x
BPAT Banco PatagoniaAR$2.25k3.2%
+AR$50.3b
-10.6%PB1.1x
SUPV Grupo SupervielleAR$2.93k3.7%
+AR$46.0b
64.8%PB1.4x

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