BBVA Banco Francés S.A. Announces Unaudited Consolidated Earnings Results for the Nine Months Ended September 30, 2018
January 30, 2019 at 12:08 pm EST
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BBVA Banco Francés S.A. announced unaudited consolidated earnings results for the nine months ended September 30, 2018. For the period, the company reported net interest income of ARS 17,666,487,000 against ARS 10,411,179,000 a year ago. Net operating income was ARS 26,434,803,000 against ARS 17,431,995,000 a year ago. Operating income was ARS 9,218,371,000 against ARS 4,034,403,000 a year ago. Net income was ARS 6,767,534,000 against ARS 3,121,254,000 a year ago. Basic earnings per share were ARS 10.8985 against ARS 5.5730 a year ago.
Banco Bbva Argentina SA, formerly known as BBVA French Bank, is an Argentina-based banking institution. Through its banking platform, the Bank provides a broad range of financial and non-financial services to both individuals and companies. It manages three business lines: Retail Banking, Small and Medium-Sized Companies and Corporate and Investment Banking (C&IB). Retail Banking offers checking and savings accounts, time deposits, credit cards, loans, mortgages, insurance and investment products, among others. Small and Medium-Sized Companies targets local private-sector companies providing financing products, factoring, checking accounts, time deposits, transactional and payroll services, insurance and investment products, among others. C&IB offers financial services to corporations and multinational companies, as well as global transaction services, global markets solutions, long term financing, among others. The Bank is active locally, mostly.
BANCO BBVA ARGENTINA S.A. 
