Banco BBVA Argentina BBAR

Banco BBVA Argentina S. A. is a leading private financial institution in Argentina offering retail and corporate banking services nationwide. As of December 31, 2025, the bank reported total consolidated assets of Ps25,408.4 billion, a loan portfolio of Ps14,448.2 billion, and shareholders' equity of Ps3,543.4 billion. It operates as a subsidiary of Banco Bilbao Vizcaya Argentaria S. A. and provides financial services to individuals, small and medium enterprises, and large corporations throughout the country. The bank's strategic focus is on delivering a differentiated customer experience through innovation, digital transformation, and sustainable finance initiatives.

Banco BBVA Argentina S. A. generates revenue primarily through interest income on its loan portfolio and fees from various banking services. For the year ended December 31, 2025, the bank recorded net interest income of Ps2,717.7 billion and net profit of Ps332.6 billion. Its revenue streams include retail lending, business financing, corporate banking operations, and complementary services such as insurance, asset management, securities brokerage, and investment banking activities delivered through its universal banking platform. This integrated approach enables BBVA Argentina to capture synergies and provide comprehensive financial solutions tailored to the diverse needs of its clients across different segments and product lines.

The company operates through the following segments: Retail banking, Business banking, and Corporate & investment banking (CIB).

• Retail banking: This segment offers financial services to individuals across all income segments, including checking and savings accounts, time deposits, credit card financing, consumer and pledge loans, mortgages, insurance and investment products. As of December 31, 2025, it served approximately 3.6 million active retail banking clients with total loans and advances of Ps7,124.3 billion and total deposits of Ps8,741.7 billion.

• Business banking: This segment provides financial services primarily to local private-sector companies, including small and medium enterprises, with products such as financing solutions, factoring, checking accounts, time deposits, transactional and payroll services, insurance and investment products. As of December 31, 2025, it served more than 145 thousand small and medium enterprises with total loans and overdrafts of Ps4,765.3 billion and total deposits of Ps1,708.1 billion.

• Corporate & investment banking: This segment offers financial services to large Argentine corporations and multinational companies, providing customized services across consumer, heavy industry, and energy sectors, including global transaction services, risk management, securities brokerage, long-term financing including project finance and syndicated loans, and corporate finance services such as mergers and acquisitions advisory and capital markets advisory. As of December 31, 2025, it served more than 950 corporate banking clients with total loans and advances of Ps2,558.6 billion and total deposits of Ps6,755.2 billion.

BBVA Argentina is the second largest privately-owned bank and third largest bank in Argentina by private loan portfolio size, with 11.9% of total banking system private loans as of December 31, 2025. It is also the third largest local private bank by private deposits, with a 10.0% market share of total banking system private deposits. The company maintains a competitive advantage through its focus on differentiated customer experience, strong liquidity position (LCR of 128% as of December 31, 2025), solid capital base (total capital to risk-weighted assets ratio of 18.5% under Basel Accord), and the ability to leverage the BBVA Group's global expertise, relationships, and technological platform to serve its customers effectively. Key competitors include Banco de Galicia y Buenos Aires S. A. U., Banco Santander Argentina S. A., Banco Macro S. A., and Industrial and Commercial Bank of China S. A. U. In key retail products, the bank holds a 13.2% market share in credit card financing, 12.6% in pledge loans, 7.2% in consumer loans, and 4.6% in mortgage loans as of December 31, 2025.

The company serves a broad customer base encompassing approximately 3.6 million individual consumers, more than 145 thousand small and medium enterprises across various industries, and more than 950 large corporations including multinational companies operating in Argentina.