BBAR · Banco BBVA Argentina S.A.

Banco BBVA Argentina S.A. reported its financial results for the fiscal year ended December 31, 2025, showing a significant decline in profitability compared to 2024. Net income attributable to owners of the Bank decreased 46% to ARS 249.99 billion from ARS 464.68 billion, driven by a 29% drop in net interest income to ARS 2.72 trillion and a sharp increase in impairment of financial assets, which rose to ARS 805.08 billion from ARS 286.32 billion. Net operating income fell 33% to ARS 3.14 trillion, while operating income declined 60% to ARS 1.00 trillion. The bank also recorded a loss on net monetary position of ARS 585.81 billion, though this was significantly lower than the ARS 1.95 trillion loss in 2024. On the balance sheet, total assets grew 31% to ARS 25.41 trillion, driven by a 46% increase in loans and other financing to ARS 14.45 trillion and a 28% rise in cash and deposits to ARS 4.75 trillion. Deposits increased 32% to ARS 17.21 trillion. Basic earnings per share fell to ARS 408.01 from ARS 758.41. The bank declared dividends of ARS 145.93 per share in 2025, down from ARS 431.24 in 2024. The results reflect the challenging macroeconomic environment in Argentina, including high inflation and currency devaluation, which impacted net interest margins and asset quality.