Grupo Financiero Galicia S.A. (BCBA:GGAL)

Grupo Financiero Galicia Balance Sheet

Financials in millions ARS. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	5,575,580	3,757,799	2,800,656	3,007,408	441,430	307,787
Investment Securities	1,138,439	5,910,174	7,030,427	1,996,176	589,162	127,138
Trading Asset Securities	-	1,554,897	1,318,035	241,886	115,366	47,378
Total Investments	1,138,439	7,465,071	8,348,463	2,238,063	704,528	174,517
Gross Loans	12,585,958	14,286,768	6,610,773	3,483,534	1,489,807	818,483
Allowance for Loan Losses	-	-667,700	-290,011	-175,303	-83,900	-48,431
Net Loans	12,585,958	13,619,068	6,320,762	3,308,232	1,405,907	770,052
Property, Plant & Equipment	1,015,601	995,521	773,625	360,675	121,154	66,009
Other Intangible Assets	280,339	304,486	269,188	119,932	41,357	21,839
Investments in Real Estate	-	11,589	11,546	5,114	1,670	876.47
Accrued Interest Receivable	-	418,448	336,548	150,248	55,344	33,344
Other Receivables	-	128,924	40,202	34,164	31,386	15,421
Restricted Cash	-	3,648,616	1,787,000	765,777	374,742	154,862
Other Current Assets	15,770	136,932	79,677	34,317	2,665	4,612
Long-Term Deferred Tax Assets	-	408,020	413,214	22,582	8,350	15,506
Other Real Estate Owned & Foreclosed	-	438.34	438.34	312.76	15.22	7.81
Other Long-Term Assets	8,237,799	1,623,066	1,065,539	494,776	82,673	32,048
Total Assets	28,849,486	32,517,979	22,246,858	10,541,601	3,271,222	1,596,884
Accounts Payable	-	-	-	2,416	739.63	897.32
Accrued Expenses	-	409,796	343,187	142,663	34,770	18,596
Interest Bearing Deposits	17,907,358	18,398,813	12,114,902	6,530,421	1,998,234	1,011,875
Total Deposits	17,907,358	18,398,813	12,114,902	6,530,421	1,998,234	1,011,875
Short-Term Borrowings	-	800,077	358,951	5,276	75,974	14,753
Current Portion of Long-Term Debt	-	-	-	-	3,906	3,162
Current Portion of Leases	-	24,474	12,438	5,720	2,588	2,528
Current Income Taxes Payable	-	160,799	593,189	27,404	18,815	22,985
Accrued Interest Payable	-	235,518	314,567	139,861	19,640	9,011
Other Current Liabilities	-	518,734	552,397	212,174	63,478	35,223
Long-Term Debt	1,356,193	3,757,943	2,294,603	1,221,039	331,966	174,642
Long-Term Leases	-	29,242	51,717	18,182	5,947	4,058
Long-Term Unearned Revenue	-	7,815	7,889	8,665	4,194	2,036
Pension & Post-Retirement Benefits	-	1,517	1,049	1,107	232.49	136.74
Long-Term Deferred Tax Liabilities	-	137,159	37,794	20,546	8,526	206.69
Other Long-Term Liabilities	4,098,325	1,972,349	1,171,351	308,581	112,833	25,292
Total Liabilities	23,361,876	26,454,235	17,854,034	8,644,055	2,681,843	1,325,401
Common Stock	4,745,165	1,589	1,475	1,475	1,475	1,475
Additional Paid-In Capital	-	697,388	17,281	17,281	17,281	17,281
Retained Earnings	-	522,855	-406,284	1,161,589	353,439	150,441
Comprehensive Income & Other	-	4,841,755	4,780,159	717,201	217,184	102,287
Total Common Equity	4,745,165	6,063,586	4,392,630	1,897,547	589,379	271,483
Minority Interest	742,445	158.48	193.22	0.06	0.01	0.01
Shareholders' Equity	5,487,610	6,063,744	4,392,824	1,897,547	589,379	271,483
Total Liabilities & Equity	28,849,486	32,517,979	22,246,858	10,541,601	3,271,222	1,596,884
Total Debt	1,356,193	4,611,736	2,717,710	1,250,216	420,381	199,143
Net Cash (Debt)	4,219,387	700,961	3,949,176	2,717,204	532,246	248,090
Net Cash Growth	158.57%	-82.25%	45.34%	410.52%	114.54%	363.79%
Net Cash Per Share	2656.19	472.64	2677.97	1842.56	360.92	171.96
Filing Date Shares Outstanding	1,589	1,589	1,475	1,475	1,475	1,475
Total Common Shares Outstanding	1,589	1,589	1,475	1,475	1,475	1,475
Book Value Per Share	2987.17	3817.14	2978.68	1286.74	399.66	184.09
Tangible Book Value	4,464,826	5,759,099	4,123,442	1,777,614	548,021	249,644
Tangible Book Value Per Share	2810.69	3625.46	2796.14	1205.41	371.62	169.29

Source: S&P Global Market Intelligence. Banks template. Financial Sources.