Bbva Banco Frances S.A. Down 0.35% To $4.33 After Earnings

Wednesday, May 24, 2023 - Bbva Banco Frances S.A. (BBAR) reported upside earnings and revenues today.

The company reported an EPS of $0.38. The firm reported an EPS of $0.19 in the year-ago quarter. The increase in Bbva Banco Frances S.A.'s annual growth rate represents how the business is performing well amid recent economic conditions.

Revenues were upbeat at $685.2 million. That revenue figure is an increase of 85.87% from the year ago quarter.

The stock is down 0.35% to $4.33 after the report.

The firm's lower revenue growth to earnings signals that the firm has been able to reduce costs and improve its profit margin overall.

InvestorsObserver gives the stock a Bullish Sentiment score at the moment based on recent trading.

Prior to the report, InvestorsObserver gave the stock an overall score of 46.

Banco BBVA Argentina SA is a banking services provider in Argentina. It provides financial assistance to large corporations, small and medium-sized companies, as well as individuals. The bank provides services through retail, corporate, investment banking, and Small and medium-sized companies divisions. Through the retail banking segment, it provides banking products and services to individuals, corporate banking deals with services to corporates, the small and medium-sized companies segment focused on foreign trade, agricultural business, and digital products. The company's geographical segments are Spain, the United States, Mexico, Turkey, South America, and the Rest of Eurasia.