Grupo Financiero Galicia Sa (GGAL) Tax Provisions (2010 - 2019)
Grupo Financiero Galicia (GGAL) posted Tax Provisions of -$3.3 billion for Q1 2019, down 142.19% sequentially from -$1.4 billion in Q1 2018, and down 142.19% YoY from $7.9 billion in Q1 2018.
Grupo Financiero Galicia Sa (GGAL) Tax Provisions (2010 - 2019) Analysis & Trends
Grupo Financiero Galicia has reported Tax Provisions for 10 years, with the latest figure at -$3.3 billion in Q1 2019.
- Quarterly Tax Provisions fell 142.19% year-over-year to -$3.3 billion in Q1 2019, while the trailing twelve-month figure through Mar 2019 was -$6.2 billion (down 43.87% YoY) and the FY2024 annual result came in at -$636.9 billion, down 30.87% from the prior year.
- Tax Provisions retreated to -$3.3 billion in Q1 2019 per GGAL's latest filing, from -$1.4 billion in the prior quarter.
- Over five years, Tax Provisions peaked at $2.4 billion in Q3 2016 and troughed at -$3.5 billion in Q3 2017.
- A 5-year average of $72.4 million and a median of $719.8 million in 2015 frame the typical range for Tax Provisions.
- The sharpest annual moves came in 2015 and 2016: Tax Provisions surged 100.25% in 2015, then slumped 52283.71% in 2016.
- Over 5 years, Tax Provisions stood at $2.8 million in 2015, then plunged by 52283.71% to -$1.5 billion in 2016, then plunged by 139.88% to -$3.5 billion in 2017, then soared by 60.66% to -$1.4 billion in 2018, then tumbled by 142.19% to -$3.3 billion in 2019.
- According to Business Quant data, Tax Provisions over the past three periods registered -$3.3 billion, -$1.4 billion, and -$3.5 billion for Q1 2019, Q1 2018, and Q3 2017 respectively.
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Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2019 | -3.34 Bn |
| Mar 31, 2018 | -1.38 Bn |
| Sep 30, 2017 | -3.51 Bn |
| Jun 30, 2017 | 2.06 Bn |
| Dec 31, 2016 | -1.46 Bn |
| Sep 30, 2016 | 2.38 Bn |
| Jun 30, 2016 | 1.52 Bn |
| Mar 31, 2016 | 773.95 Mn |
| Dec 31, 2015 | 2.80 Mn |
| Sep 30, 2015 | 1.94 Bn |
| Jun 30, 2015 | 1.21 Bn |
| Mar 31, 2015 | 665.61 Mn |
| Dec 31, 2014 | -1.11 Bn |
| Sep 30, 2014 | 1.58 Bn |
| Jun 30, 2014 | 961.78 Mn |
| Mar 31, 2014 | 557.80 Mn |
| Dec 31, 2013 | 1.23 Mn |
| Sep 30, 2013 | 804.06 Mn |
| Jun 30, 2013 | 273.00 Mn |
| Mar 31, 2013 | 213.20 Mn |