GGAL Stock Recent News
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GGAL, ZTO and AMRZ have been added to the Zacks Rank #5 (Strong Sell) List on August 29, 2025.
Grupo Financiero Galicia S.A. (NASDAQ:GGAL ) Q2 2025 Earnings Call August 27, 2025 11:00 AM ET Company Participants Gonzalo Fernandez Covaro - Chief Financial Officer Pablo Eduardo Firvida - Investor Relations Officer Conference Call Participants Alonso Acuna Aramburú - Banco BTG Pactual S.A.
Argentina's market pullback offers a second chance, with GGAL trading at compelling valuations and poised for outsized gains if reforms hold. Galicia stands out due to its strong management, dominant market share, and readiness to compete with fintech disruptors like Revolut and Nubank. Structural upside is enormous: credit penetration is at almost historic lows (11% of GDP), and if Milei's reforms succeed, it could reach 30% to 40% in a few years.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
BUENOS AIRES, June 10, 2025 (GLOBE NEWSWIRE) -- Grupo Financiero Galicia S.A. (Nasdaq: GGAL; Bolsas y Mercados Argentinos S.A./A3 Mercados S.A.: GGAL, the “Company”), one of Argentina's largest financial services groups, announced today the pricing of the previously announced underwritten secondary offering (the “Offering”) by HSBC Bank plc (the “Selling Shareholder”) of 11,721,449 American Depositary Shares (“ADSs”) representing 117,214,490 Class B ordinary shares of the Company, par value Ps.1.00 per share (“Class B ordinary shares”) at a public offering price of $54.25 per ADS. The ADSs are not authorized for public offering in Argentina by the Argentine National Securities Exchange Commision (Comisión Nacional de Valores – “CNV”) and are not being offered or sold publicly under the Argentine Capital Markets Law No. 26,831, as amended and complemented. The documents related to the Offering have not been filed with, reviewed or authorized by the CNV, and
BUENOS AIRES, June 10, 2025 (GLOBE NEWSWIRE) -- Grupo Financiero Galicia S.A. (Nasdaq: GGAL; Bolsas y Mercados Argentinos S.A./A3 Mercados S.A.: GGAL, the “Company”), one of Argentina's largest financial services groups, announced today the launch of an underwritten secondary offering (the “Offering”) by HSBC Bank plc (the “Selling Shareholder”) of 11,721,449 American Depositary Shares (“ADSs”) representing 117,214,490 Class B ordinary shares of the Company, par value Ps.1.00 per share (“Class B ordinary shares”). The ADSs are not authorized for public offering in Argentina by the Argentine National Securities Exchange Commision (Comisión Nacional de Valores – “CNV”) and they may not be offered or sold publicly under the Argentine Capital Markets Law No. 26,831, as amended and complemented. The documents related to the Offering have not been filed with, reviewed or authorized by the CNV, and therefore the CNV has not made any determination as to the truth
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Grupo Financiero Galicia became the largest private bank in Argentina after acquiring HSBC, significantly increasing its market share, deposit base, loan portfolio, and operational capacity, positioning itself for a strong future. The stock trades at attractive multiples well below global financial averages, supported by outstanding profitability metrics including a ROE of 31.8% and a ROA of 4.44%,. Galicia's digital ecosystem, including its fintech Naranja X, boasts millions of active users monthly and daily, enabling the bank to expand customer reach, improve operational efficiency, and drive sustainable revenue.
The Argentine economy is showing signs of stabilization, with disinflation and macroeconomic growth, benefiting Galicia due to its leadership in deposits and loans market share. GGAL could see significant profit growth as banks return to the retail FX business and a foreign direct investment shock flows through the Argentine financial system. In 2025, moderate earnings growth is expected as we enter a transition year.
Argentina's fiscal surplus and disciplined economic policies under Milei have significantly reduced inflation and country risk, boosting international market confidence and reserves. A potential $44 billion IMF agreement could lift currency restrictions, driving Argentine stock growth, particularly in banks, and attracting fresh capital for key projects. The real appreciation of the Argentine Peso and increased industrial production have spurred record export growth, reducing the gap between official and parallel exchange rates.