BME:XBFR

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Banco BBVA Argentina

Executive Summary

Banco BBVA Argentina S.A. provides various banking products and services to individuals and companies in Argentina. More Details


Snowflake Analysis

Flawless balance sheet with moderate growth potential.


Similar Companies

Share Price & News

How has Banco BBVA Argentina's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: Insufficient data to determine XBFR's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine XBFR's volatility change over the past year.


Market Performance


7 Day Return

0%

XBFR

-2.3%

ES Banks

-1.1%

ES Market


1 Year Return

-21.7%

XBFR

-20.6%

ES Banks

-12.3%

ES Market

Return vs Industry: XBFR matched the Spanish Banks industry which returned -20.8% over the past year.

Return vs Market: XBFR underperformed the Spanish Market which returned -11.2% over the past year.


Shareholder returns

XBFRIndustryMarket
7 Day0%-2.3%-1.1%
30 Day4.8%0.2%1.0%
90 Day4.8%49.3%15.7%
1 Year-21.7%-21.7%-19.2%-20.6%-9.8%-12.3%
3 Year-81.1%-81.9%-49.7%-54.1%-10.5%-18.7%
5 Year-70.3%-73.4%-23.0%-35.7%12.4%-4.7%

Long-Term Price Volatility Vs. Market

How volatile is Banco BBVA Argentina's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Banco BBVA Argentina undervalued compared to its fair value and its price relative to the market?

33.95x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: XBFR (€1.3) is trading above our estimate of fair value (€0.47)

Significantly Below Fair Value: XBFR is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: XBFR is poor value based on its PE Ratio (34.2x) compared to the ES Banks industry average (13x).

PE vs Market: XBFR is poor value based on its PE Ratio (34.2x) compared to the Spanish market (21.6x).


Price to Earnings Growth Ratio

PEG Ratio: XBFR is poor value based on its PEG Ratio (1.6x)


Price to Book Ratio

PB vs Industry: XBFR is overvalued based on its PB Ratio (0.8x) compared to the ES Banks industry average (0.4x).


Next Steps

Future Growth

How is Banco BBVA Argentina forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

20.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: XBFR's forecast earnings growth (20.8% per year) is above the savings rate (1.1%).

Earnings vs Market: XBFR's earnings (20.8% per year) are forecast to grow slower than the Spanish market (33.6% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: XBFR's revenue (19.6% per year) is forecast to grow faster than the Spanish market (6% per year).

High Growth Revenue: XBFR's revenue (19.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: XBFR's Return on Equity is forecast to be low in 3 years time (19.5%).


Next Steps

Past Performance

How has Banco BBVA Argentina performed over the past 5 years?

23.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: XBFR has a large one-off loss of ARS2.5B impacting its September 30 2020 financial results.

Growing Profit Margin: XBFR's current net profit margins (4.8%) are lower than last year (10.7%).


Past Earnings Growth Analysis

Earnings Trend: XBFR's earnings have grown significantly by 23.8% per year over the past 5 years.

Accelerating Growth: XBFR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: XBFR had negative earnings growth (-81.1%) over the past year, making it difficult to compare to the Banks industry average (-44%).


Return on Equity

High ROE: XBFR's Return on Equity (2.1%) is considered low.


Next Steps

Financial Health

How is Banco BBVA Argentina's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: XBFR's Assets to Equity ratio (5.5x) is low.

Allowance for Bad Loans: XBFR has a sufficient allowance for bad loans (355%).

Low Risk Liabilities: 83% of XBFR's liabilities are made up of primarily low risk sources of funding.

Loan Level: XBFR has an appropriate level of Loans to Assets ratio (43%).

Low Risk Deposits: XBFR's Loans to Deposits ratio (63%) is appropriate.

Level of Bad Loans: XBFR has an appropriate level of bad loans (1.2%).


Next Steps

Dividend

What is Banco BBVA Argentina current dividend yield, its reliability and sustainability?

2.87%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: XBFR's dividend (2.85%) is higher than the bottom 25% of dividend payers in the Spanish market (2.17%).

High Dividend: XBFR's dividend (2.85%) is low compared to the top 25% of dividend payers in the Spanish market (6.89%).


Stability and Growth of Payments

Stable Dividend: XBFR's dividend payments have been volatile in the past 10 years.

Growing Dividend: XBFR's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (97.5%), XBFR's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: XBFR's dividends in 3 years are forecast to be well covered by earnings (45.3% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.7yrs

Average management tenure


CEO

Martín Ezequiel Zarich (56 yo)

5.67yrs

Tenure

Mr. Martín Ezequiel Zarich serves as CEO at Banco BBVA Argentina SA (formerly, BBVA Banco Francés S.A). He served as Chief Executive Officer and General Manager at Banco BBVA Argentina SA. since January 11...


Leadership Team

NamePositionTenureCompensationOwnership
Martín Ezequiel Zarich
Chief Executive Officer5.67yrsno datano data
Ernesto Ramon Gallardo Jimenez
Chief Financial & Planning Officer3.08yrsno datano data
Carlos Elizalde
Chief Corporate & Investment Banking Officer7yrsno datano data
Mónica Etcheverry
Head of Complianceno datano datano data
Eduardo González Correas
Chief Legal Officer4yrsno datano data
Gustavo Osvaldo Fernandez
Chief Talent & Culture Officer7yrsno datano data
Gerardo Mario Fiandrino
Chief Risk Officer6yrsno datano data
Gustavo Alonso
Chief Commercial Officer11yrsno datano data
Leandro Alvarez
Chief Engineering and Data Officer0.33yrno datano data
Juan Kindt
Chief Business Development Officer2yrsno datano data
Adolfo Guzmán
Chief Internal Audit Officerno datano datano data
Rubén Lemme
Head of Integrityno datano datano data

5.7yrs

Average Tenure

56yo

Average Age

Experienced Management: XBFR's management team is seasoned and experienced (5.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Oscar Castro
Director17.75yrsno datano data
Gabriel Eugenio Milstein
Director4.75yrsno datano data
Alejandro Mosquera
Member of Supervisory Committeeno datano datano data
Mario Rafael Biscardi
Member of Supervisory Committeeno datano datano data
Alfredo Castillo Triguero
2nd Independent Vice-Chairman4.17yrsno datano data
Jorge Delfín Luna
1st Vice-Chairman1.75yrsno datano data
Adriana Maria Fernandez de Melero
Independent Director1.75yrsno datano data
Juan Manuel Ballesteros Castellano
Independent Director4.75yrsno datano data
Francisco Perez Cardete
Alternate Independent Director1.75yrsno datano data
Gustavo Alberto Mazzolini Casas
Alternate Director1.75yrsno datano data
Gonzalo José Vidal Devoto
Member of Supervisory Committeeno datano datano data
María Isabel Goiri Lartitegui
Chairman of the Board1.75yrsno datano data

1.8yrs

Average Tenure

62yo

Average Age

Experienced Board: XBFR's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Banco BBVA Argentina S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Banco BBVA Argentina S.A.
  • Ticker: XBFR
  • Exchange: BME
  • Founded: 1886
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: AR$87.066b
  • Listing Market Cap: AR$826.513m
  • Shares outstanding: 612.71m
  • Website: https://www.bbva.com.ar

Number of Employees


Location

  • Banco BBVA Argentina S.A.
  • Avenida Córdoba 111
  • 31st floor
  • Buenos Aires
  • Capital Federal
  • C1054AAA
  • Argentina

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BBARBASE (Buenos Aires Stock Exchange)YesCommon StockARARSJan 1992
XBFRBME (Bolsas y Mercados Espanoles)YesCommon StockESEURJan 1992
BDPADB (Deutsche Boerse AG)YesCommon StockDEEURJan 1992
BBARNYSE (New York Stock Exchange)SPONSORED ADSUSUSDNov 1993
BFPDB (Deutsche Boerse AG)SPONSORED ADSDEEURNov 1993

Biography

Banco BBVA Argentina S.A. provides various banking products and services to individuals and companies in Argentina. It provides retail banking products and services, such as checking and savings accounts, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/22 19:04
End of Day Share Price2021/01/12 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.