Banco BBVA Argentina (NYSE:BBAR - Get Free Report) announced its quarterly earnings data on Wednesday. The bank reported $0.30 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.37 by ($0.07), Zacks reports. Banco BBVA Argentina had a net margin of 6.09% and a return on equity of 12.21%. The company had revenue of $580.76 million for the quarter.
Banco BBVA Argentina Stock Up 1.3 %
BBAR traded up $0.25 during trading on Friday, hitting $18.78. 696,569 shares of the company's stock traded hands, compared to its average volume of 853,854. Banco BBVA Argentina has a 12-month low of $6.83 and a 12-month high of $25.01. The company's 50 day simple moving average is $20.92 and its two-hundred day simple moving average is $16.32. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $3.84 billion, a price-to-earnings ratio of 9.78 and a beta of 1.41.
Wall Street Analyst Weigh In
Several research firms have recently issued reports on BBAR. StockNews.com lowered Banco BBVA Argentina from a "buy" rating to a "hold" rating in a research report on Tuesday, December 24th. Morgan Stanley raised shares of Banco BBVA Argentina from an "underweight" rating to an "overweight" rating and set a $27.00 target price for the company in a report on Monday, December 16th.
Check Out Our Latest Research Report on Banco BBVA Argentina
Banco BBVA Argentina Company Profile
(
Get Free Report)
Banco BBVA Argentina SA provides various banking products and services to individuals and companies in Argentina. The company provides retail banking products and services, such as checking and savings accounts, time deposits, credit cards financing, consumer and pledge loans, mortgages, insurance, and investment products to individuals; and small and medium-sized companies products and services, including financing products, factoring, checking accounts, time deposits, transactional and payroll services, insurance, and investment products to private-sector companies.
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