GRUPO FINANCIERO GALICIA (GGAL) Company Report

GRUPO FINANCIERO GALICIA S.A. announced a cash dividend payment on December 2, 2025.
The dividend amount is Ps. 23.3127024855393 per share, totaling Ps. 37,446,115,300.47.
The record date for shareholders is December 5, 2025, with a payment date of December 11, 2025.
The dividend distribution is subject to deductions for Personal Asset Tax and a 7% withholding tax.

4 days ago

6-K

GRUPO FINANCIERO GALICIA S.A. Subsidiary Announces Sixth Dividend Payment

GGAL

Dividends

GRUPO FINANCIERO GALICIA S.A.'s main subsidiary, Banco de Galicia y Buenos Aires S.A., announced the sixth installment of the cash dividend for the fiscal year ended December 31, 2024.
The dividend amount is ARS 37,446,788,165.99.
This payment, authorized by the Argentine Central Bank, is subject to a 7% withholding tax.

Nov 28, 2025, 2:13 PM

6-K

Grupo Financiero Galicia Reports Q3 2025 Net Loss Amid Merger Restructuring

GGAL

Earnings

Guidance Update

M&A

Grupo Financiero Galicia reported a net loss of ARS 87.7 billion for Q3 2025, resulting in a -4.7% annualized return on average equity (ROAE). This loss was primarily due to ARS 105.3 billion in extraordinary restructuring expenses, net of income tax, associated with the merger with HSBC Argentina.
Excluding these extraordinary expenses, the ROAE for Q3 2025 would have been 1%, and the accumulated annualized ROAE for the nine months would have reached 6.9%.
Asset quality deteriorated, with the non-performing loans (NPLs) to total financing ratio reaching 5.8% in September 2025, a 140 basis points increase from the previous quarter. The company anticipates NPLs to peak around 6-7% in March 2026, with the cost of risk also peaking between 9-10% at that time. They expect NPLs to end 2026 in the range of 4-4.5%.
The company provided guidance for a full-year 2025 reported ROE of around 4%, and expects 2026 ROE to be in the low teens range (11-12%), with a Q4 2026 run rate of 15%.
For 2026, Grupo Financiero Galicia projects 25% real terms growth in lending and 20% real terms growth in deposits. These forecasts are based on macroeconomic assumptions including 3.7% GDP growth, 18% inflation, and an exchange rate of ARS 1610 per dollar by the end of 2026.

Nov 26, 2025, 4:00 PM

Transcript

Grupo Financiero Galicia Reports Q3 2025 Results and Provides 2026 Outlook

GGAL

Earnings

Guidance Update

Demand Weakening

Grupo Financiero Galicia's net operating income decreased by 23% in Q3 2025, primarily due to a 10% decline in net interest income and an 89% drop in net results from financial instruments, alongside a 26% increase in loan loss provisions. This was partially offset by a 9% growth in net fee income and a 12% increase in profits from gold and FX quotation differences.
The company's asset quality deteriorated, with the ratio of non-performing loans (NPLs) to total financing increasing by 140 basis points to 5.8% in Q3 2025, mainly impacting personal loans and credit card financing. The quarter's results were also affected by a significant one-time expense related to the restructuring following the HSBC Argentina acquisition.
For the full year 2025, Grupo Financiero Galicia expects a reported Return on Equity (ROE) of approximately 4%, or 6% when excluding non-recovery integration costs. The company projects ROE to rise to 11-12% for 2026, with a run rate of 15% by Q4 2026.
NPLs and cost of risk are anticipated to peak around March 2026 at 6-7% and 9-10%, respectively, before improving by the end of the year. The bank also plans for 25% real loan growth in 2026, focusing on commercial lending in sectors like oil & gas, mining, and agri business, and expects to gain market share.

Nov 26, 2025, 4:00 PM

Transcript

Grupo Financiero Galicia Reports Q3 2025 Net Loss Amidst Merger Costs and Deteriorating Asset Quality

GGAL

Earnings

Guidance Update

M&A

Grupo Financiero Galicia reported a net loss of ARS 87.7 billion and a -4.7% annualized return on average equity (ROE) for Q3 2025, primarily due to ARS 105.3 billion in extraordinary restructuring expenses from the HSBC Argentina merger. Without these expenses, the ROE would have been 1%.
The bank's asset quality deteriorated, with the non-performing loans (NPL) to total financing ratio reaching 5.8% in Q3 2025, a 140 basis points increase from the prior quarter, mainly in personal loans and credit card financing. Management anticipates NPLs to peak around March 2026 at 6-7%.
The company projects a full-year 2025 reported ROE of approximately 4%, increasing to 11-12% for 2026, with a 15% run rate by Q4 2026. The long-term sustainable ROE target is 15-20% after 2027.
The third quarter of 2025 in Argentina was characterized by high volatility, including a 15.6% devaluation of the exchange rate against the dollar and a 6% increase in the National Consumer Price Index. Despite this, the Argentine economy recorded a 5% year-over-year increase in September.

Nov 26, 2025, 4:00 PM

Transcript

GRUPO FINANCIERO GALICIA S.A. Reports Q3 2025 Net Loss Amid Integration Costs

GGAL

Earnings

Dividends

M&A

GRUPO FINANCIERO GALICIA S.A. reported a net loss attributable to Grupo Galicia of Ps.87,710 million for Q3 2025, resulting in a negative ROA of 0.8% and a negative ROE of 4.7%.
This loss was primarily due to Ps.105,343 million (net of income tax) in non-recurring expenses associated with the integration of HSBC's businesses in Argentina; excluding these costs, the ROE for the quarter was 1.0%.
As of Q3 2025, net loans and other financing increased by 11% quarter-over-quarter to Ps.22,059,436 million, and deposits grew by 7% to Ps.24,540,641 million.
The NPL Ratio increased to 6.8% in Q3 2025, up 130 basis points from Q2 2025, while the coverage ratio decreased to 105.0%.
The company paid cash dividends totaling Ps.35,845 million on October 13, 2025, and Ps.36,589 million on November 12, 2025, and Banco Galicia issued US$144 million in Class XXX Negotiable Obligations on November 14, 2025.

Nov 25, 2025, 2:13 PM

6-K

Grupo Financiero Galicia S.A. Announces Cash Dividend Payment

GGAL

Dividends

The board of directors of Grupo Financiero Galicia S.A. agreed on November 4, 2025, to pay cash dividends, with a record date of November 7, 2025, and a payment date of November 12, 2025.
The total cash dividend amount is Ps. 36,589,216,664.57, which is equivalent to Ps. 22.7792259740615 per share.
This dividend represents 2,277.9226% of the Company's capital stock.
The dividend payment will be subject to deductions for Personal Asset Tax and a 7% withholding tax as per the Argentine Income Tax Law.

Nov 4, 2025, 8:57 PM

6-K

GRUPO FINANCIERO GALICIA S.A. announces cash dividend

GGAL

Dividends

GRUPO FINANCIERO GALICIA S.A. announced a cash dividend totaling Ps. 36,589,216,664.57.
The dividend will be made available to shareholders registered as of November 7, 2025.
Payments are scheduled to begin on November 12, 2025.

Nov 4, 2025, 8:32 PM

6-K

GRUPO FINANCIERO GALICIA S.A. Subsidiary Announces Fourth Cash Dividend Installment

GGAL

Dividends

GRUPO FINANCIERO GALICIA S.A.'s subsidiary, Banco de Galicia y Buenos Aires S.A., announced the availability of the fourth installment of a cash dividend as of October 31, 2025.
The cash dividend payment amounts to ARS 36,589,874,132.56.
This dividend is based on the accumulated results for the fiscal year ended December 31, 2024, and was authorized by the Argentine Central Bank.
The dividend distribution is subject to a 7% withholding tax.

Oct 31, 2025, 2:30 PM

6-K

Galicia Financial Group Subsidiary Appoints New CEO

GGAL

Management Change

GRUPO FINANCIERO GALICIA S.A. announced that its subsidiary, Banco de Galicia y Buenos Aires S.A., received authorization for the appointment of Mr. Diego Hernán Rivas as Chief Executive Officer.
The appointment was approved by the Argentine Central Bank's Resolution No. 282 on October 9, 2025.

Oct 14, 2025, 6:22 PM

6-K