Banco BBVA Argentina (BBAR) Set to Announce Earnings on Wednesday

Banco BBVA Argentina (NYSE:BBAR) is scheduled to post its quarterly earnings results after the market closes on Wednesday, August 21st. Analysts expect Banco BBVA Argentina to post earnings of $0.26 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 released its earnings results on Wednesday, May 22nd. The bank reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.05). The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $684.47 million. Banco BBVA Argentina had a return on equity of 10.04% and a net margin of 4.00%. On average, analysts expect Banco BBVA Argentina to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Banco BBVA Argentina Stock Up 2.5 %

BBAR stock opened at $10.39 on Tuesday. The company has a market cap of $2.12 billion, a price-to-earnings ratio of 6.58 and a beta of 1.61. Banco BBVA Argentina has a twelve month low of $3.78 and a twelve month high of $11.87. The business has a 50 day moving average price of $9.24 and a two-hundred day moving average price of $8.72. The company has a quick ratio of 1.25, a current ratio of 0.82 and a debt-to-equity ratio of 0.02.

Banco BBVA Argentina Increases Dividend

The company also recently announced a — dividend, which was paid on Friday, August 9th. Investors of record on Friday, August 2nd were paid a $0.5134 dividend. The ex-dividend date of this dividend was Friday, August 2nd. This is a boost from Banco BBVA Argentina’s previous — dividend of $0.11. Banco BBVA Argentina’s dividend payout ratio (DPR) is currently 90.51%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of Banco BBVA Argentina from a “buy” rating to a “hold” rating in a research report on Thursday, May 16th.

About Banco BBVA Argentina

Banco BBVA Argentina SA provides various banking products and services to individuals and companies in Argentina. It provides retail banking products and services, such as checking and savings accounts, time deposits, credit cards, 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.