Banco BBVA Argentina (BBAR) Tax Provisions (2017 - 2020)
Banco BBVA Argentina's (BBAR) quarterly Tax Provisions came in at -$2.2 billion in Q1 2020, up 40.38% on a YoY basis from -$1.5 billion in Q2 2019, and down 51.2% quarter-over-quarter from -$1.4 billion in Q4 2019.
Analysis
Banco BBVA Argentina (BBAR) Tax Provisions (2017 - 2020) Analysis & Trends
Banco BBVA Argentina (BBAR) has reported Tax Provisions for 4 consecutive years, with -$2.2 billion the latest figure, recorded in Q1 2020.
- For the quarter ending Q1 2020, Tax Provisions rose 40.38% year-over-year to -$2.2 billion; the trailing twelve-month figure through Mar 2020 stood at -$5.3 billion (up 46.06% YoY), and the FY2025 full-year result was -$187.2 billion, down 86.64% from the prior year.
- Tax Provisions retreated to -$2.2 billion in Q1 2020 per BBAR's latest filing, from -$1.4 billion in the prior quarter.
- Across five years, Tax Provisions topped out at $576.0 million in Q3 2019 and bottomed at -$4.0 billion in Q3 2018.
- Historically, Tax Provisions has averaged -$1.4 billion across 4 years, with a median of -$866.4 million in 2018.
- The sharpest annual moves came in 2018 and 2019: Tax Provisions sank 610.36% in 2018, then surged 114.3% in 2019.
- Over 4 years, Tax Provisions stood at -$357.2 million in 2017, then tumbled by 282.47% to -$1.4 billion in 2018, then declined by 5.34% to -$1.4 billion in 2019, then plunged by 51.2% to -$2.2 billion in 2020.
- According to Business Quant data, Tax Provisions over the past three periods registered -$2.2 billion, -$1.4 billion, and $576.0 million for Q1 2020, Q4 2019, and Q3 2019 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 448.38 Bn | 568.32 Bn | - | -51.13 Bn |
| 2 | Truist Financial | 63.10 Bn | 63.10 Bn | - | 262.00 Mn |
| 3 | Fifth Third Bancorp | 49.74 Bn | 26.02 Bn | - | 235.00 Mn |
| 4 | M&T Bank | 34.66 Bn | 34.66 Bn | - | 245.00 Mn |
| 5 | Huntington Bancshares | 34.41 Bn | 29.92 Bn | - | 165.00 Mn |
| 6 | Citizens Financial | 29.91 Bn | 29.91 Bn | - | 168.00 Mn |
| 7 | Regions Financial | 25.92 Bn | 25.99 Bn | - | 148.00 Mn |
| 8 | Keycorp | 23.68 Bn | -24.02 Bn | - | 139.00 Mn |
| 9 | First Citizens Bancshares | 22.94 Bn | 22.41 Bn | 29.00 Mn | 219.00 Mn |
| 10 | Banco BBVA Argentina | 9.07 Bn | -5,470.49 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2020 | -2.18 Bn |
| Dec 31, 2019 | -1.44 Bn |
| Sep 30, 2019 | 576.00 Mn |
| Jun 30, 2019 | -2.31 Bn |
| Mar 31, 2019 | -3.65 Bn |
| Dec 31, 2018 | -1.37 Bn |
| Sep 25, 2018 | -4.03 Bn |
| Jun 30, 2018 | -866.39 Mn |
| Mar 31, 2018 | -662.72 Mn |
| Dec 31, 2017 | -357.15 Mn |
| Sep 30, 2017 | -566.89 Mn |
| Jun 30, 2017 | -516.84 Mn |
| Mar 31, 2017 | -243.89 Mn |