GRUPO FINANCIERO GALICIA SA
GGAL · Commercial Banks, NEC · EDGAR filings ↗
Grade
A87Top-decile-returning Argentine financial holding company (Banco Galicia) compounding earnings rapidly, tempered by acute Argentine macro risk.
Strengths
- Top-decile returns: ROE 26.8% and ROA 5.0% (both 100th pct), ROIC 18.1% (88th pct)
- Net income +121% (97th pct); strengthened market share and capital after the HSBC Argentina acquisition
Risks
- Heavy concentration in Argentina: high inflation (33% y/y), peso devaluation, and regulatory/political volatility
- Asset-quality deterioration flagged amid economic uncertainty; FY2024 data lags
Notable findings
- No interest coverageInterest coverage 0.48 (cannot cover interest)
- Strong balance sheetStrong balance sheet — $5.7B cash & investments
Key metrics
Return on equity
26.8%
Return on assets
5.0%
ROIC
18.1%
Net-income growth
121.3%
Debt / equity
0.1×
Interest coverage
0.5×
Tangible book value
$5.4B
Cash & investments
$6.5B
Supply chain
Customers (0)
Suppliers (1)
- CT Corporation System
Named in the 10-K; linked when we track them.
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2026-04-16 | 2025-12-31 | 0001114700-26-000038 ↗ |
| 20-F | 2025-04-28 | 2024-12-31 | 0001114700-25-000049 ↗ |
| 20-F | 2024-04-26 | 2023-12-31 | 0001114700-24-000010 ↗ |
| 20-F | 2023-04-24 | 2022-12-31 | 0001114700-23-000012 ↗ |
| 20-F | 2022-04-25 | 2021-12-31 | 0001193125-22-116900 ↗ |
| 20-F | 2021-04-23 | 2020-12-31 | 0001193125-21-129010 ↗ |
| 20-F | 2020-04-29 | 2019-12-31 | 0001193125-20-125630 ↗ |
| 20-F | 2019-05-15 | 2018-12-31 | 0001193125-19-146966 ↗ |
| 20-F | 2018-04-19 | 2017-12-31 | 0001193125-18-122635 ↗ |
| 20-F | 2017-05-01 | 2016-12-31 | 0001193125-17-149605 ↗ |
| 20-F | 2016-04-29 | 2015-12-31 | 0001193125-16-567467 ↗ |
| 20-F | 2015-04-30 | 2014-12-31 | 0001193125-15-160769 ↗ |