Grupo Financiero Galicia S.A. (GGAL)

NASDAQ: GGAL · Real-Time Price · USD
57.66
+0.63 (1.10%)
At close: Nov 20, 2024, 4:00 PM
58.00
+0.34 (0.59%)
After-hours: Nov 20, 2024, 5:55 PM EST
1.10%
Market Cap 9.29B
Revenue (ttm) 4.43B
Net Income (ttm) 825.27M
Shares Out 1.47B
EPS (ttm) 0.56
PE Ratio 11.26
Forward PE 9.52
Dividend $2.49 (4.31%)
Ex-Dividend Date Aug 19, 2024
Volume 762,047
Open 57.73
Previous Close 57.03
Day's Range 55.84 - 58.00
52-Week Range 13.06 - 59.79
Beta 1.59
Analysts Strong Buy
Price Target 48.00 (-16.75%)
Earnings Date Dec 26, 2024

About GGAL

Grupo Financiero Galicia S.A., a financial service holding company, provides various financial products and services to individuals and companies in Argentina. The company operates through Banks, NaranjaX, Insurance, and Other Businesses segments. It also offers personal loans; express and mortgage loans; pledge and credit card loans; credit and debit cards; and online banking services, as well as savings, deposits, and checking accounts related services. In addition, the company offers financing products; consumer finance and digital banking s... [Read more]

Sector Financials
Founded 1905
Employees 9,489
Stock Exchange NASDAQ
Ticker Symbol GGAL
Full Company Profile

Financial Performance

In 2023, Grupo Financiero Galicia's revenue was 3.28 trillion, an increase of 54.17% compared to the previous year's 2.13 trillion. Earnings were 336.24 billion, an increase of 109.82%.

Financial numbers in ARS Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for GGAL stock is "Strong Buy." The 12-month stock price forecast is $48.0, which is a decrease of -16.75% from the latest price.

Price Target
$48.0
(-16.75% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Grupo Financiero Galicia: HSBC Argentina Acquisition Adds New Fuel To The Bull Case

The stars are aligning for Argentine banks. Galicia stands out as a key beneficiary. The buyout of HSBC Argentina adds legs to Galicia's post-election rally.

Other symbols: HSBC
7 months ago - Seeking Alpha

Argentina Stocks YPF, BBVA, Galicia Are Popping After Outsider Wins Election

Since 2001, Argentina has defaulted on its international sovereign debt three times.

Other symbols: BBVAYPF
1 year ago - Barrons

Grupo Financiero Galicia: Synergy Between Traditional Banking And Digital Transformation

Digital banking is simultaneously a challenge and an opportunity for traditional banks. Brazil is the leader in digital banking in LATAM, but Argentina is advancing quickly. Grupo Financiero Galicia i...

1 year ago - Seeking Alpha

Grupo Financiero Is Expensive For An Argentinian Bank

Because of regulation, there is little differentiation strategy for Argentinian banks. Investors should compare Argentinian banks based on relative differences but mostly based on market capitalizatio...

3 years ago - Seeking Alpha

Grupo Financiero Galicia: Challenging Operating Environment Clouds The Outlook

Grupo Financiero Galicia continues to outperform despite the weak economic backdrop. While NPLs are up significantly off pandemic-driven levels, they remain well short of pre-pandemic levels.

3 years ago - Seeking Alpha

Grupo Financiero Galicia S.A.: Argentina's Old-Money Financial Group Is An Interesting Call On Stabilization

GGAL is trading below Book Value, and has a hard-to-estimate but double-digit real ROE. Importantly, the Argentine peso itself looks undervalued.

3 years ago - Seeking Alpha

Should You Reduce Your Holdings of These 2 Companies?

They have produced disappointing performances.

Other symbols: BKD
5 years ago - GuruFocus

Grupo Financiero Galicia SA (GGAL) Management on Q3 2019 Results - Earnings Call Transcript

Grupo Financiero Galicia SA (GGAL) Management on Q3 2019 Results - Earnings Call Transcript

5 years ago - Seeking Alpha

How Option Traders Are Playing Grupo Financiero Galicia Following Argentina Market Crash

Shares of Argentine bank Grupo Financiero Galicia S.A. (NASDAQ: GGAL) have crashed 50% this week amid one of the worst equity market collapses in recent global history in Argentina.

5 years ago - Benzinga