Banco BBVA Argentina (BBAR) to Release Earnings on Wednesday

Banco BBVA Argentina (NYSE:BBAR) will be announcing its earnings results after the market closes on Wednesday, November 20th. Analysts expect the company to announce earnings of $0.45 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Banco BBVA Argentina (NYSE:BBAR) last posted its earnings results on Wednesday, August 21st. The bank reported $0.61 EPS for the quarter, topping the consensus estimate of $0.26 by $0.35. The business had revenue of $892.11 million during the quarter, compared to analysts’ expectations of $599.49 million. Banco BBVA Argentina had a return on equity of 9.98% and a net margin of 4.23%. On average, analysts expect Banco BBVA Argentina to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Banco BBVA Argentina Stock Performance

Shares of BBAR opened at $16.25 on Monday. Banco BBVA Argentina has a 12-month low of $4.15 and a 12-month high of $16.70. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.01. The company has a market cap of $3.32 billion, a PE ratio of 10.48 and a beta of 1.47. The stock has a 50-day moving average price of $12.45 and a 200-day moving average price of $10.75.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Banco BBVA Argentina from a “buy” rating to a “hold” rating in a research note on Thursday, November 7th.

Banco BBVA Argentina Company Profile

Banco BBVA Argentina SA provides various banking products and services to individuals and companies in Argentina. The company provides retail banking products and services, such as checking and savings accounts, time deposits, credit cards financing, consumer and pledge loans, mortgages, insurance, and investment products to individuals; and small and medium-sized companies products and services, including financing products, factoring, checking accounts, time deposits, transactional and payroll services, insurance, and investment products to private-sector companies.