BBVA Banco Frances SA (BBAR) surged 9.51% during Tuesday's intraday session following the release of its first quarter 2026 financial results, which showed significant improvements across several key metrics.
The bank reported an inflation-adjusted net income of $85.2 billion for the quarter ended March 31, 2026, representing a 31.2% increase compared to the fourth quarter of 2025. The average return on equity improved to 8.3% from 6.5% the prior quarter, while the average return on assets rose to 1.2% from 0.9%.
Other positive highlights included a net interest margin of 18.6%, up from 17.5% in the previous quarter, and a market share of 12.15% in total financing to the private sector, marking increases both quarter-over-quarter and year-over-year. The bank also maintained a strong regulatory capital position with a ratio of 18.8%, well above minimum requirements.
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