EarningsQ2 2026 Earnings Report
DE:BFP Q2 2026 EPS Results
Actual EPS€0.37
Consensus EPS€0.42
Beat/MissMissed by -€0.06
One Year Ago EPS€0.18
DE:BFP Q2 2026 Revenue Results
Actual Revenue€1.10B
Expected Revenue€659.15M
Beat/MissBeat by +€445.16M
YoY Revenue Growth+14.04%
Earnings Announcement Details
QuarterQ2 2026
Date08/27/2026
TimeAfter Close
Conference CallThursday, August 27, 2026
DE:BFP Upcoming Earnings
Banco BBVA Argentina's next earnings date is estimated for November 24, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
DE:BFP Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a constructive and improving picture: strong sequential profitability (net income +44.6% QoQ, ROE up to 12.2%), solid capital and liquidity, healthy fee growth (+35% YoY), and early signs of asset-quality stabilization. At the same time, meaningful challenges remain—elevated NPLs (6.09%), a high cost of risk (7.13% quarterly) and expected margin compression as inflation and rates decline. Management provided concrete guidance (real loan growth ~10% for 2026, end-year NPL ~5.5%, full-year cost of risk ~6.5%, efficiency <45%, real ROE in the low teens) and emphasized a prudent, disciplined growth posture. Overall, the positive operational results, robust balance sheet metrics, and forward-looking guidance outweigh the near-term credit and margin headwinds.Company Guidance
Strong Profitability and Quarterly Earnings
Inflation-adjusted net income of ARS 131.6 billion in Q2 2026, a 44.6% increase quarter-over-quarter; quarterly ROE improved to 12.2% (from 8.3% in Q1), demonstrating meaningful sequential profitability recovery.
Net Interest Margin Stability and Improvement
Reported NIM remained stable quarter-over-quarter and year-over-year despite lower asset-side rates; NIM net of monetary position loss improved from 14.0% to 14.7% (+70 basis points).
Loan and Deposit Growth with Market Share Gains
Total financing to the private sector of ARS 17.1 trillion; local-currency loans +2% QoQ and foreign-currency private loans +2.5% QoQ (≈2% hard currency); consolidated loan market share at 12%, a gain of 15 basis points year-over-year. Total deposits reached ARS 19.2 trillion and private deposit market share rose 26 basis points year-over-year to 9.91%.
Fee Income Expansion
Net fees up around 35% year-over-year, with management indicating underlying fee trends remain strong and are expected to continue contributing to revenue growth.
Robust Capital and Liquidity Position
Regulatory capital ratio of 18.8%, representing 128.7% excess over minimum regulatory requirements; liquidity ratio at a comfortable 45.5%, giving the bank flexibility to support growth.
Early Signs of Asset-Quality Improvement and Conservative Guidance
Management reports improving early-stage delinquencies and better-performing recent vintages (notably in payroll-backed personal loans); guidance expects NPLs to stabilize and end 2026 around 5.5% and full-year cost of risk around 6.5%.
Operational and Strategic Tailwinds
Quarterly efficiency ratio improved to 45% with a target below 45% for the full year; treasury and macro developments—RIGI projects > $15 billion announced/approved, reserve purchases > $13 billion, extended debt maturities and lengthened repo/swap maturities—support a stronger macro and funding outlook.
DE:BFP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed