Grupo Financiero Galicia Past Earnings Performance
Past criteria checks 3/6
Grupo Financiero Galicia has been growing earnings at an average annual rate of 67.2%, while the Banks industry saw earnings growing at 67.2% annually. Revenues have been growing at an average rate of 59.6% per year. Grupo Financiero Galicia's return on equity is 18%, and it has net margins of 18.6%.
Key information
67.2%
Earnings growth rate
67.0%
EPS growth rate
| Banks Industry Growth | 38.3% |
| Revenue growth rate | 59.6% |
| Return on equity | 18.0% |
| Net Margin | 18.6% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Grupo Financiero Galicia makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 4,300,887 | 800,346 | 696,284 | 0 |
| 30 Jun 24 | 4,707,665 | 799,500 | 678,280 | 0 |
| 31 Mar 24 | 4,199,972 | 555,778 | 627,245 | 0 |
| 31 Dec 23 | 3,284,571 | 336,244 | 607,578 | 0 |
| 30 Sep 23 | 5,449,991 | 603,490 | 1,120,253 | 0 |
| 30 Jun 23 | 4,197,325 | 462,642 | 926,352 | 0 |
| 31 Mar 23 | 3,018,848 | 230,473 | 732,407 | 0 |
| 31 Dec 22 | 2,130,435 | 160,251 | 551,015 | 0 |
| 30 Sep 22 | 1,195,034 | 83,664 | 321,635 | 0 |
| 30 Jun 22 | 952,403 | 74,204 | 270,341 | 0 |
| 31 Mar 22 | 703,548 | 73,378 | 201,244 | 0 |
| 31 Dec 21 | 562,824 | 64,143 | 168,613 | 0 |
| 30 Sep 21 | 439,376 | 47,740 | 134,350 | 0 |
| 30 Jun 21 | 376,052 | 38,031 | 119,963 | 0 |
| 31 Mar 21 | 309,962 | 30,138 | 99,901 | 0 |
| 31 Dec 20 | 279,833 | 38,758 | 88,564 | 0 |
| 30 Sep 20 | 261,957 | 34,996 | 81,572 | 0 |
| 30 Jun 20 | 239,994 | 30,227 | 74,460 | 0 |
| 31 Mar 20 | 212,881 | 31,039 | 67,493 | 0 |
| 31 Dec 19 | 200,748 | 29,767 | 61,323 | 0 |
| 30 Sep 19 | 206,797 | 10,712 | 68,228 | 0 |
| 30 Jun 19 | 183,732 | 12,181 | 61,188 | 0 |
| 31 Mar 19 | 147,505 | 3,416 | 52,564 | 0 |
| 31 Dec 18 | 112,102 | -4,883 | 46,107 | 0 |
| 30 Sep 18 | 82,599 | 11,098 | 32,904 | 0 |
| 30 Jun 18 | 76,549 | 9,010 | 31,021 | 0 |
| 31 Mar 18 | 72,993 | 8,456 | 30,350 | 0 |
| 31 Dec 17 | 106,110 | 10,946 | 43,677 | 0 |
| 30 Sep 17 | 36,057 | 7,737 | 17,686 | 0 |
| 30 Jun 17 | 31,756 | 7,135 | 16,470 | 0 |
| 31 Mar 17 | 27,541 | 6,282 | 14,221 | 0 |
| 31 Dec 16 | 24,451 | 6,018 | 13,521 | 0 |
| 30 Sep 16 | 24,534 | 5,491 | 12,328 | 0 |
| 30 Jun 16 | 22,406 | 5,155 | 11,409 | 0 |
| 31 Mar 16 | 20,417 | 4,728 | 10,554 | 0 |
| 31 Dec 15 | 18,443 | 4,338 | 9,859 | 0 |
| 30 Sep 15 | 16,505 | 3,976 | 8,916 | 0 |
| 30 Jun 15 | 15,155 | 3,721 | 8,247 | 0 |
| 31 Mar 15 | 14,024 | 3,465 | 7,699 | 0 |
| 31 Dec 14 | 13,069 | 3,338 | 7,189 | 0 |
| 30 Sep 14 | 12,401 | 3,082 | 6,767 | 0 |
| 30 Jun 14 | 10,971 | 2,687 | 6,448 | 0 |
| 31 Mar 14 | 10,391 | 2,355 | 6,133 | 0 |
| 31 Dec 13 | 9,493 | 1,824 | 5,893 | 0 |
Quality Earnings: GGAL has high quality earnings.
Growing Profit Margin: GGAL's current net profit margins (18.6%) are higher than last year (11.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GGAL's earnings have grown significantly by 67.2% per year over the past 5 years.
Accelerating Growth: GGAL's earnings growth over the past year (32.6%) is below its 5-year average (67.2% per year).
Earnings vs Industry: GGAL earnings growth over the past year (32.6%) did not outperform the Banks industry 32.6%.
Return on Equity
High ROE: GGAL's Return on Equity (18%) is considered low.