Grupo Supervielle reports Q3 results

seekingalpha11-26

Grupo Supervielle press release (NYSE:SUPV): Q3 attributable net income of AR$8.9 billion, compared to net gains of AR$29.3 billion in 3Q23 and AR$19.2 billion in 2Q24. Profit before income tax of AR$...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2486066260?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-26 06:11","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2486066260","market":"sg","top_or_hot":-1,"title":"Grupo Supervielle reports Q3 results","media":"seekingalpha","content":"<div>\n<p>Grupo Supervielle press release (NYSE:SUPV): Q3 attributable net income of AR$8.9 billion, compared to net gains of AR$29.3 billion in 3Q23 and AR$19.2 billion in 2Q24. Profit before income tax of AR$...</p>\n\n<a href=\"https://seekingalpha.com/news/4332577-grupo-supervielle-reports-q3-results\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Grupo Supervielle reports Q3 results</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGrupo Supervielle reports Q3 results\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-26 06:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4332577-grupo-supervielle-reports-q3-results><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Grupo Supervielle press release (NYSE:SUPV): Q3 attributable net income of AR$8.9 billion, compared to net gains of AR$29.3 billion in 3Q23 and AR$19.2 billion in 2Q24. Profit before income tax of AR$...</p>\n\n<a href=\"https://seekingalpha.com/news/4332577-grupo-supervielle-reports-q3-results\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SUPV","symbol_name":"Grupo Supervielle S.A.","start_time":0,"source_url":"https://seekingalpha.com/news/4332577-grupo-supervielle-reports-q3-results","article_id":"2486066260","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2486066260","pubTimestamp":1732572670,"columns":[],"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Grupo Supervielle press release : Q3 attributable net income of AR$8.9 billion, compared to net gains of AR$29.3 billion in 3Q23 and AR$19.2 billion in 2Q24. Profit before income tax of AR$10.7 billion in 3Q24 compared to AR$47.0 billion in 3Q23 and AR$34.6 billion in 2Q24.  ROAA was 1.0% in 3Q24 compared to 2.9% in 3Q23 and 2.3% in 2Q24. 9M24 ROAA was 3.4% compared to 1.9% in 9M23. Net Interest Margin  stood at 24.8%, amid both lower inflation and monetary policy rate, which reduced yields on assets, funding costs and spreads. This compares to NIM of 29.2% in 3Q23 and 36.3% in 2Q24. The total NPL ratio was 0.8% in 3Q24, improving by 90 basis points YoY from 1.7% and remaining flat QoQ. The QoQ and YoY performances reflect loan portfolio growth and stable credit risk.","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SUPV":"Grupo Supervielle S.A.","BK4207":"综合性银行"},"translate_title":"Grupo Supervielle报告第三季度业绩","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SUPV":0.9},"content_text":"Grupo Supervielle press release (NYSE:SUPV): Q3 attributable net income of AR$8.9 billion, compared to net gains of AR$29.3 billion in 3Q23 and AR$19.2 billion in 2Q24. Profit before income tax of AR$10.7 billion in 3Q24 compared to AR$47.0 billion in 3Q23 and AR$34.6 billion in 2Q24.  ROAA was 1.0% in 3Q24 compared to 2.9% in 3Q23 and 2.3% in 2Q24. 9M24 ROAA was 3.4% compared to 1.9% in 9M23. Net Interest Margin (NIM) stood at 24.8%, amid both lower inflation and monetary policy rate, which reduced yields on assets, funding costs and spreads. This compares to NIM of 29.2% in 3Q23 and 36.3% in 2Q24. The total NPL ratio was 0.8% in 3Q24, improving by 90 basis points YoY from 1.7% and remaining flat QoQ. The QoQ and YoY performances reflect loan portfolio growth and stable credit risk.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2486066260"}