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Banco BBVA Argentina S.A. Announces Fourth Quarter & Fiscal Year 2024 Results

1. BBVA Argentina reported its Q4 2024 consolidated results, inflation-adjusted per IAS 29. 2. Updated figures from 2023 and 2024 allow for better financial comparison.

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$13.8603/06 10:45 PM EDTLatest Updated
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FAQ

Why Neutral?

Though BBVA Argentina's results are adjusted for inflation, the impact might not significantly affect overall market perception. Historically, inflation-adjusted results provide clarity but don’t drive major price changes unless there are dramatic shifts in financial standing.

How important is it?

While the financial results are critical, they do not point to alarming trends or positive catalysts, which limits their potential for major market impact.

Why No Impact?

Given the normalcy of quarterly reports, this announcement is unlikely to lead to immediate or long-term consequences for BBVA's stock price. Quarterly results typically have localized impact unless they reveal significant deviations from expected performance.

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BBARXBBAR
BUENOS AIRES, Argentina--(BUSINESS WIRE)--Banco BBVA Argentina S.A (NYSE; BYMA; MAE: BBAR; LATIBEX: XBBAR) (“BBVA Argentina” or “BBVA” or “the Bank”) announced today its consolidated results for the fourth quarter (4Q24), ended on December 31, 2024. As of January 1, 2020, the Bank started to inform its inflation adjusted results pursuant to IAS 29 reporting. To facilitate comparison, figures of comparable quarters of 2023 and 2024 have been updated according to IAS 29 reporting to reflect the a.

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