Grupo Supervielle Reports 1Q24 Results [Yahoo! Finance]
Grupo Supervielle S.A. American Depositary Shares each Representing five Class B shares (SUPV)
Last grupo supervielle s.a. american depositary shares each representing five class b shares earnings: 2/19 04:38 pm
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gruposupervielle.com/english/home/default.aspx
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Source: Yahoo! Finance
BUENOS AIRES, Argentina, May 22, 2024 BUSINESS WIRE Grupo Supervielle S.A. (NYSE: SUPV; BYMA: SUPV), ("Supervielle" or the "Company") a universal financial services group headquartered in Argentina with a nationwide presence, today reported results for the three month period ended March 31, 2024. Starting 1Q20, the Company began reporting results applying Hyperinflation Accounting, in accordance with IFRS rule IAS 29 ("IAS 29") as established by the Central Bank. Management Commentary Commenting on first quarter 2024 results, Patricio Supervielle, Grupo Supervielle's Chairman & CEO, noted: "We delivered a robust first quarter, reporting another record high ROAE of nearly 34% in real terms. This was driven by an unusually high Net Interest Margin (NIM) of 62%, sequentially improved efficiencies, and lower loan loss provisions. While there is still much work to do, the policies implemented over the last five months are resulting in a gradual transition in Argentina. Previously
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News
- Noah, Grupo Supervielle among financial movers [Seeking Alpha]Seeking Alpha
- All You Need to Know About Grupo Supervielle (SUPV) Rating Upgrade to Buy [Yahoo! Finance]Yahoo! Finance
- Grupo Supervielle Reports 1Q24 ResultsBusiness Wire
- Grupo Supervielle S.A. (NYSE: SUPV) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Grupo Supervielle announces filing of the 2023 Annual Report on Form 20-FBusiness Wire