Grupo Supervielle SA (SUPV) experienced a pre-market plunge of 5.75% on Wednesday, driven by a combination of negative analyst sentiment and poor financial performance.
The stock's decline follows a downgrade by BofA Securities from Buy to Neutral, with a reduced price target, reflecting growing concerns over the company's outlook. Additionally, the bank reported a net loss of AR$50.3 billion for the third quarter of 2025, attributed to high interest rates, increased reserve requirements, and rising loan loss provisions in Argentina's challenging regulatory environment.
Despite management's optimism about a post-election recovery, investors remain wary of the deteriorating asset quality and squeezed financial margins, leading to the sharp pre-market drop.
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