Grupo Financiero Galicia Balance Sheet Health
Financial Health criteria checks 5/6
Grupo Financiero Galicia has total assets of ARS10,285.1B and total equity of ARS2,018.0B. Total deposits are ARS5,563.3B, and total loans are ARS2,945.4B.
Key information
5.1x
Asset to equity ratio
n/a
Net interest margin
Total deposits | AR$5.56t |
Loan to deposit ratio | Appropriate |
Bad loans | 2.9% |
Allowance for bad loans | Sufficient |
Current ratio | Low |
Cash & equivalents | AR$2.43t |
Recent financial health updates
No updates
Recent updates
Grupo Financiero Galicia: HSBC Argentina Acquisition Adds New Fuel To The Bull Case
Apr 15Grupo Financiero Galicia S.A. goes ex dividend tomorrow
Sep 29Grupo Financiero Is Expensive For An Argentinian Bank
Jan 12Grupo Financiero Galicia: Challenging Operating Environment Clouds The Outlook
Sep 15Grupo Financiero Galicia S.A.: Argentina's Old-Money Financial Group Is An Interesting Call On Stabilization
May 06Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: GGAL's Assets to Equity ratio (5.1x) is low.
Allowance for Bad Loans: GGAL has a sufficient allowance for bad loans (127%).
Low Risk Liabilities: 67% of GGAL's liabilities are made up of primarily low risk sources of funding.
Loan Level: GGAL has an appropriate level of Loans to Assets ratio (29%).
Low Risk Deposits: GGAL's Loans to Deposits ratio (53%) is appropriate.
Level of Bad Loans: GGAL has a high level of bad loans (2.9%).