BBVA Banco Frances SA ADR

NYSE BBAR

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BBVA Banco Frances SA ADR Quick Ratio 2 year CAGR for the quarter ending September 30, 2023: -63.72%

BBVA Banco Frances SA ADR Quick Ratio 2 year CAGR is -63.72% for the quarter ending September 30, 2023, a -117.79% change year over year. The quick ratio, also known as the acid-test ratio, measures a company's ability to meet its short-term obligations using its most liquid assets. It is calculated by dividing the current assets minus inventory by the current liabilities. This ratio provides insights into the company's liquidity position and its ability to pay off current liabilities without relying on inventory sales. A higher ratio suggests a stronger ability to meet short-term obligations with readily available assets. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • BBVA Banco Frances SA ADR Quick Ratio for the quarter ending March 31, 2022 was 11,459.84, a 63.34% change year over year.
  • BBVA Banco Frances SA ADR Quick Ratio for the quarter ending March 31, 2021 was 7,015.97, a 1,185.04% change year over year.
  • BBVA Banco Frances SA ADR Quick Ratio for the quarter ending March 31, 2020 was 545.98, a -58.35% change year over year.
NYSE: BBAR

BBVA Banco Frances SA ADR

CEO Mr. Martin Ezequiel Zarich
IPO Date Nov. 24, 1993
Location Argentina
Headquarters Avenida COrdoba 111, Buenos Aires, Argentina, C1054AAA
Employees 6,009
Sector Financial Services
Industry Banks - regional
Description

Banco BBVA Argentina S.A. provides various banking products and services to individuals and companies in Argentina. It provides retail banking products and services, such as checking and savings accounts, time deposits, credit cards, 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. The company also provides corporate and investment banking products and services, such as global transaction services; global markets solutions comprising risk management and securities brokerage; long-term financing products, including project finance and syndicated loans; and corporate finance services comprising mergers and acquisitions, and capital markets advisory services to corporations and multinational companies operating in Argentina. The company was formerly known as BBVA Banco Francés S.A. and changed its name to Banco BBVA Argentina S.A. in July 2019. Banco BBVA Argentina S.A. was incorporated in 1886 and is based in Buenos Aires, Argentina.

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StockViz Staff

September 20, 2024

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