Analyst from At Cap Securities's questions to Grupo Supervielle SA (SUPV) leadership • Q1 2025
Question
An analyst from At Cap Securities asked about the sharp compression in Net Interest Margin (NIM) during the quarter and the outlook for its recovery, as well as the updated expectations for full-year Return on Equity (ROE) given the drop in net income.
Answer
Chairman & CEO Julio Patricio Supervielle and CFO Mariano Biglia attributed the NIM compression primarily to market volatility that negatively impacted the valuation of their government securities portfolio. They highlighted that the core loan portfolio NIM actually improved, validating their strategic shift to lending. Management reiterated their full-year ROE guidance of 12% to 15%.