GGAL Stock - Grupo Financiero Galicia S.A.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $10.63T | $13.89T | $8.52T | $2.86T | $865.71B |
| Gross Profit | $6.66T | $6.88T | $4.33T | $1.63T | $497.46B |
| Gross Margin | 62.7% | 49.5% | 50.8% | 56.9% | 57.5% |
| Operating Income | $2.21T | $1.18T | $444.45B | $288.14B | $136.13B |
| Net Income | $1.62T | $734.24B | $329.38B | $188.62B | $74.01B |
| Net Margin | 15.3% | 5.3% | 3.9% | 6.6% | 8.5% |
| EPS | $11868.00 | $5405.60 | $1025.70 | $1279.00 | $268.60 |
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. The company's products and services cover savings, current, and checking accounts; personal loans; express and mortgage loans; pledge and credit card loans; credit and debit cards; and online banking services. It also offers financing products and services; consumer finance services; electronic check; global custody services; Fima funds; financial and stock market services to individuals, companies, and financial institutions; foreign trade services; and capital market and investment banking products that include debt securities, short-term securities, bills, and financial trusts. In addition, the company provides robbery, personal accident, life collective, home, life, integral pyme, pet, surety, various risks, and technical insurance products. Further, it offers private banking services to high net worth individuals; and operates digital investment platform. As of December 31, 2021, it had 312 full service banking branches; and 1,991 ATMs and self-service terminals. Grupo Financiero Galicia S.A. was founded in 1905 and is based in Buenos Aires, Argentina.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| October 28th 2025 | JP Morgan | Upgrade | Overweight | - |
| October 22nd 2025 | JP Morgan | Downgrade | Neutral | $46 |
| October 1st 2025 | HSBC Securities | Resumed | Buy | $60 |
| May 20th 2025 | Itau BBA | Initiation | Outperform | $70 |
| December 16th 2024 | Morgan Stanley | Upgrade | Overweight | $92 |
| August 30th 2024 | JP Morgan | Upgrade | Overweight | $54 |
| August 8th 2024 | BofA Securities | Upgrade | Buy | $36← $28 |
Earnings History & Surprises
GGALEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q1 2026 | Mar 30, 2026 | $0.95 | — | — | — |
Q4 2025 | Nov 25, 2025 | $0.70 | $0.08 | -88.5% | ✗ MISS |
Q3 2025 | Aug 28, 2025 | $1.49 | $0.94 | -36.9% | ✗ MISS |
Q2 2025 | Jun 12, 2025 | $0.96 | $0.96 | 0.0% | = MET |
Q2 2025 | Jun 10, 2025 | — | $3.97 | — | — |
Q4 2024 | Nov 26, 2024 | — | $25.33 | — | — |
Q4 2024 | Nov 7, 2024 | $2.54 | $14.56 | +473.2% | ✓ BEAT |
Q3 2024 | Aug 28, 2024 | $0.67 | $0.31 | -53.7% | ✗ MISS |
Q2 2024 | May 25, 2024 | $5.71 | $2.08 | -63.6% | ✗ MISS |
Q4 2023 | Dec 14, 2023 | $5.68 | $1.17 | -79.4% | ✗ MISS |
Q2 2023 | Jun 30, 2023 | $1.12 | $52.12 | +4553.6% | ✓ BEAT |
Q2 2023 | May 23, 2023 | $2.18 | $0.01 | -99.4% | ✗ MISS |
Q1 2023 | Mar 31, 2023 | $0.67 | $0.55 | -18.1% | ✗ MISS |
Q4 2022 | Nov 23, 2022 | $0.77 | $0.56 | -27.3% | ✗ MISS |
Q3 2022 | Sep 6, 2022 | $0.85 | $0.29 | -65.9% | ✗ MISS |
Q2 2022 | May 19, 2022 | $0.76 | $0.33 | -56.6% | ✗ MISS |
Q1 2022 | Feb 15, 2022 | $0.72 | $0.61 | -15.3% | ✗ MISS |
Q4 2021 | Nov 23, 2021 | $0.80 | $0.66 | -17.5% | ✗ MISS |
Q3 2021 | Aug 27, 2021 | $0.53 | $0.64 | +20.8% | ✓ BEAT |
Q2 2021 | May 27, 2021 | $0.58 | $0.16 | -72.4% | ✗ MISS |
Latest News
UBS Initiates Coverage On Grupo Financiero Galicia with Neutral Rating, Announces Price Target of $60
➖ NeutralShares of Argentine stocks are trading higher on continued strength after President Milei's La Libertad Avanza party recently secured a victory in the midterm legislative elections.
📈 PositiveShares of Argentine stocks are trading higher on continued strength after President Milei's La Libertad Avanza party recently secured a victory in the midterm legislative elections.
📈 PositiveShares of Argentine stocks are trading higher after President Milei's La Libertad Avanza party secured a victory in the midterm legislative elections.
📈 PositiveJP Morgan Downgrades Grupo Financiero Galicia to Neutral, Lowers Price Target to $46
📉 NegativeShares of Argentina-linked stocks are trading higher after US Treasury Secretary Bessent said the US Treasury purchased Argentine Pesos in the open market this morning, and the US could buy Argentine debt. Secretary Bessent also said that the US is working on a $20 billion private sector facility for Argentina, which would sit alongside the swap line and invest in debt.
📈 PositiveCORRECTION: Argentina-linked stocks are trading higher
📈 PositiveShares of Argentina-linked stocks are trading lower. President Trump said if Milei doesn't win, we would not be generous to Argentina.
📉 NegativeShares of Argentina-linked stocks are trading higher due to ongoing US support related to the $20 billion currency swap agreement. The sector may be seeing strength ahead of Argentine President Milei's meeting with President Trump on October 14.
📈 PositiveShares of Argentine stocks are trading higher. The Argentine government is taking measures to support the peso and prevent excessive depreciation.
📈 PositiveHSBC Reinstates Buy on Grupo Financiero Galicia, Announces $60 Price Target
📈 PositiveShares of Argentine stocks are trading lower amid volatility following the recent US plans to support the country with a swap line. Concerns over a potential US government shutdown could also cause uncertainty about US support for Argentina.
📉 NegativeShares of U.S.-listed Argentine stocks are trading higher after U.S. Treasury Secretary Bessent says the United States is ready to support Argentina as needed.
📈 PositiveShares of Argentine stocks are trading higher after US Treasury Secretary Bessent said the Treasury 'stands ready' to support Argentina. Bessent cited options including swap lines, direct currency purchases and purchases of US dollar-denominated government debt.
📈 PositiveCitigroup Downgrades Grupo Financiero Galicia to Neutral
➖ NeutralShares of Argentine stocks are trading lower after the country's opposition Peronist party won in the Buenos Aires provincial election.
📉 NegativeArgentina bank stocks slide after report that government intervened in currency markets
📉 NegativeFrequently Asked Questions about GGAL
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