BBVA Argentina Announces First Quarter 2026 Financial Results

BBVA Argentina reported its consolidated financial results for the first quarter of 2026. The bank's inflation-adjusted net income for 1Q26 was AR$85.2 billion, a 31.2% increase from the previous quarter but a 21.2% decrease year-over-year. The return on equity (ROE) was 8.3% and return on assets (ROA) was 1.2%. Net interest income saw a 5.9% increase QoQ, while net fee income rose by 16.9% QoQ. Total financing to the private sector decreased by 3.5% in real terms QoQ but increased by 28.1% YoY. Total deposits decreased by 7.3% in real terms QoQ but increased by 20.0% YoY. The non-performing loan (NPL) ratio stood at 5.60% with an 88.41% coverage ratio. The efficiency ratio was 51.4%. The regulatory capital ratio was 18.8%, exceeding the minimum requirement by 128.7%. Total liquid assets represented 45.5% of total deposits.