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Banco BBVA Argentina (Banco BBVA Argentina) Credit Losses Provision

: $14 Mil (As of Dec. 2023)
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Banco BBVA Argentina's credit losses provision for the three months ended in Dec. 2023 was $-87 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2023 was $14 Mil.

Banco BBVA Argentina's quarterly credit losses provision declined from Jun. 2023 ($44 Mil) to Sep. 2023 ($19 Mil) and declined from Sep. 2023 ($19 Mil) to Dec. 2023 ($-87 Mil).

Banco BBVA Argentina's annual credit losses provision declined from Dec. 2021 ($43 Mil) to Dec. 2022 ($38 Mil) and declined from Dec. 2022 ($38 Mil) to Dec. 2023 ($13 Mil).


Banco BBVA Argentina Credit Losses Provision Historical Data

The historical data trend for Banco BBVA Argentina's Credit Losses Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Banco BBVA Argentina Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Credit Losses Provision
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.19 19.43 42.63 37.98 13.43

Banco BBVA Argentina Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Credit Losses Provision Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -109.03 38.10 43.88 18.78 -87.20

Banco BBVA Argentina Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $14 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Banco BBVA Argentina (Banco BBVA Argentina) Business Description

Traded in Other Exchanges
Address
Avenue Cordoba 111, 31st floor, Buenos Aires, ARG, C1054AAA
Banco BBVA Argentina SA is a banking services provider in Argentina. It provides financial assistance to large corporations, small and medium-sized companies, as well as individuals. It bank provides services through retail, corporate, investment banking, and Small and medium-sized companies divisions. Through the retail banking segment, it provides banking products and services to individuals, corporate banking deals with services to corporates, and the small and medium-sized companies segment focused on foreign trade, agricultural business, and digital products. Its geographical segments are Spain, the United States, Mexico, Turkey, South America, and the Rest of Eurasia.