Banco BBVA Argentina (NYSE:BBAR – Get Rating) will issue its quarterly earnings data after the market closes on Tuesday, May 23rd. Investors that wish to register for the company’s conference call can do so using this link.
Banco BBVA Argentina (NYSE:BBAR – Get Rating) last announced its quarterly earnings results on Monday, March 6th. The bank reported $0.53 earnings per share (EPS) for the quarter. The company had revenue of $784.48 million during the quarter. Banco BBVA Argentina had a return on equity of 16.10% and a net margin of 7.37%.
Banco BBVA Argentina Price Performance
Shares of NYSE BBAR opened at $4.31 on Friday. Banco BBVA Argentina has a 1 year low of $2.03 and a 1 year high of $5.29. The company has a market capitalization of $880.27 million, a price-to-earnings ratio of 2.46 and a beta of 1.11. The business has a 50-day moving average of $4.26 and a two-hundred day moving average of $4.03.
Analyst Upgrades and Downgrades
Institutional Investors Weigh In On Banco BBVA Argentina
A number of institutional investors and hedge funds have recently modified their holdings of BBAR. Bank of America Corp DE lifted its stake in shares of Banco BBVA Argentina by 318.6% during the 1st quarter. Bank of America Corp DE now owns 7,259 shares of the bank’s stock worth $26,000 after purchasing an additional 5,525 shares during the period. UBS Group AG increased its holdings in Banco BBVA Argentina by 70.0% in the 4th quarter. UBS Group AG now owns 14,624 shares of the bank’s stock valued at $57,000 after purchasing an additional 6,024 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Banco BBVA Argentina by 53,648.5% in the 1st quarter. JPMorgan Chase & Co. now owns 17,737 shares of the bank’s stock valued at $63,000 after purchasing an additional 17,704 shares in the last quarter. Cubist Systematic Strategies LLC grew its stake in shares of Banco BBVA Argentina by 133.6% during the second quarter. Cubist Systematic Strategies LLC now owns 39,153 shares of the bank’s stock valued at $94,000 after acquiring an additional 22,389 shares in the last quarter. Finally, Engineers Gate Manager LP acquired a new stake in shares of Banco BBVA Argentina during the fourth quarter valued at about $225,000. Institutional investors and hedge funds own 1.75% of the company’s stock.
Banco BBVA Argentina Company Profile
Banco BBVA Argentina SA engages in the provision of banking and financial services. It operates through the following business lines: retail banking; small and medium-sized companies; and corporate and investment banking (CIB). The retail banking business includes checking and savings accounts, time deposits, credit cards, personal and auto loans, mortgages, insurance, and investment products.
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