Grupo Financiero Galicia Past Earnings Performance

Past criteria checks 4/6

Grupo Financiero Galicia has been growing earnings at an average annual rate of 67.2%, while the Banks industry saw earnings growing at 18% 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	10.6%
Revenue growth rate	59.6%
Return on equity	18.0%
Net Margin	18.6%
Last Earnings Update	30 Sep 2024

Recent past performance updates

No 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

DB:GF4 Revenue, expenses and earnings (ARS Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	4,300,887	800,346	696,284
30 Jun 24	4,707,665	799,500	678,280
31 Mar 24	4,199,972	555,778	627,245
31 Dec 23	3,284,571	336,244	607,578
30 Sep 23	5,449,991	603,490	1,120,253
30 Jun 23	4,197,325	462,642	926,352
31 Mar 23	3,018,848	230,473	732,407
31 Dec 22	2,130,435	160,251	551,015
30 Sep 22	1,195,034	83,664	321,635
30 Jun 22	952,403	74,204	270,341
31 Mar 22	703,548	73,378	201,244
31 Dec 21	562,824	64,143	168,613
30 Sep 21	439,376	47,740	134,350
30 Jun 21	376,052	38,031	119,963
31 Mar 21	309,962	30,138	99,901
31 Dec 20	279,833	38,758	88,564
30 Sep 20	261,957	34,996	81,572
30 Jun 20	239,994	30,227	74,460
31 Mar 20	212,881	31,039	67,493
31 Dec 19	200,748	29,767	61,323
30 Sep 19	206,797	10,712	68,228
30 Jun 19	183,732	12,181	61,188
31 Mar 19	147,505	3,416	52,564
31 Dec 18	112,102	-4,883	46,107
30 Sep 18	82,599	11,098	32,904
30 Jun 18	76,549	9,010	31,021
31 Mar 18	72,993	8,456	30,350
31 Dec 17	106,110	10,946	43,677
30 Sep 17	36,057	7,737	17,686
30 Jun 17	31,756	7,135	16,470
31 Mar 17	27,541	6,282	14,221
31 Dec 16	24,451	6,018	13,521
30 Sep 16	24,534	5,491	12,328
30 Jun 16	22,406	5,155	11,409
31 Mar 16	20,417	4,728	10,554
31 Dec 15	18,443	4,338	9,859
30 Sep 15	16,505	3,976	8,916
30 Jun 15	15,155	3,721	8,247
31 Mar 15	14,024	3,465	7,699
31 Dec 14	13,069	3,338	7,189
30 Sep 14	12,401	3,082	6,767
30 Jun 14	10,971	2,687	6,448
31 Mar 14	10,391	2,355	6,133
31 Dec 13	9,493	1,824	5,893

Quality Earnings: GF4 has high quality earnings.

Growing Profit Margin: GF4'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: GF4's earnings have grown significantly by 67.2% per year over the past 5 years.

Accelerating Growth: GF4's earnings growth over the past year (32.6%) is below its 5-year average (67.2% per year).

Earnings vs Industry: GF4 earnings growth over the past year (32.6%) exceeded the Banks industry 12.6%.

Return on Equity

High ROE: GF4's Return on Equity (18%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/23 10:19
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Grupo Financiero Galicia S.A. is covered by 19 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Guido Bizzozero	Allaria Ledesma & Cia Sociedad de Bolsa S.A.
Ernesto Gabilondo Márquez	BofA Global Research
Rafael Berger Frade	Bradesco S.A. Corretora de Títulos e Valores Mobiliários