Estados financieros detallados de Banco BBVA Argentina S.A. (BBAR): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
Banco BBVA Argentina S.A. registró ingresos de $5.63T en el último ejercicio fiscal, con un CAGR de 5 años del 68.8%. El beneficio neto alcanzó $315.14B, con un CAGR a 5 años del 60.5%.
Márgenes de los últimos 12 meses: margen bruto 39.6%, margen operativo 7.5%, margen neto 4.6%.
Al precio actual de $14.51, BBAR cotiza a un P/E de 16.09 y un ROE del 8.15%. La capitalización bursátil es de $3.0B.
Cuenta de Resultados (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ingresos | $27.76B | $73.74B | $140.91B | $271.18B | $410.90B | $1.46T | $4.61T | $7.55T | $5.20T | $5.63T |
| Coste de Ventas | $11.31B | $18.40B | $51.89B | $100.54B | $123.52B | $558.79B | $1.96T | $3.39T | $1.77T | $2.55T |
| Beneficio Bruto | $16.45B | $55.34B | $89.02B | $170.64B | $287.38B | $904.85B | $2.65T | $4.16T | $3.42T | $3.09T |
| I+D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Generales y Administrativos | $6.07B | $26.99B | $36.76B | $56.54B | $103.92B | $351.91B | $838.79B | $981.19B | $966.66B | $1.19T |
| Gastos Operativos | $10.36B | $51.37B | $83.23B | $133.46B | $234.16B | $820.06B | $2.27T | $3.48T | $2.98T | $2.57T |
| Beneficio Operativo | $6.09B | $3.97B | $5.79B | $37.19B | $53.23B | $84.79B | $375.93B | $682.31B | $441.08B | $519.82B |
| EBITDA | $6.34B | $6.17B | $9.82B | $45.83B | $65.18B | $118.65B | $445.57B | $743.02B | $520.69B | $630.92B |
| Gastos por Intereses | $10.26B | $18.40B | $51.81B | $99.81B | $121.94B | $554.49B | $1.97T | $3.39T | $1.77T | $2.58T |
| Beneficio Antes de Impuestos | $6.09B | $3.97B | $5.79B | $37.19B | $53.23B | $84.79B | $375.93B | $682.31B | $441.08B | $519.82B |
| Impuestos | $2.45B | $1.11B | $9.08B | $4.26B | $23.62B | $28.03B | -$17.11B | $339.86B | $76.26B | $187.25B |
| Beneficio Neto | $3.64B | $2.93B | -$3.12B | $32.94B | $29.55B | $57.01B | $399.02B | $341.58B | $360.41B | $315.14B |
| BPA | $20.37 | $20.25 | $-15.27 | $151.83 | $144.69 | $89.64 | $896.76 | $1754.40 | $1729.56 | $1543.02 |
| BPA Diluido | $20.37 | $20.25 | $-15.27 | $151.83 | $144.69 | $89.64 | $896.76 | $1754.40 | $1729.56 | $1543.02 |
| Acciones en Circulación (Diluidas) | $179.0M | $191.6M | $204.2M | $204.2M | $204.2M | $204.2M | $204.2M | $204.2M | $204.2M | $204.2M |
Balance (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Caja y Equivalentes | $88.75B | $56.45B | $152.46B | $212.73B | $229.49B | $425.19B | $296.30B | $2.49T | $2.82T | $4.75T |
| Inversiones a Corto | $17.23B | $25.22B | $37.79B | $61.54B | $192.56B | $325.45B | $617.34B | $1.44T | $2.34T | $1.89T |
| Cuentas por Cobrar | $12.66B | $14.87B | $36.62B | $9.48B | $17.91B | $35.14B | $111.00B | $926.86B | $1.42T | 0 |
| Inventario | 0 | 0 | 0 | 0 | 0 | 0 | -$349.12B | 0 | 0 | 0 |
| Activos Corrientes | $120.68B | $98.23B | $229.49B | $287.18B | $449.81B | $798.27B | $920.06B | $4.94T | $6.66T | $6.76T |
| Inmovilizado Material | $2.96B | $4.34B | $26.06B | $35.49B | $50.97B | $99.19B | $96.10B | $649.41B | $646.55B | $896.65B |
| Fondo de Comercio | $3.5M | $585.7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Intangibles | $312.3M | $6.4M | $975.2M | $1.06B | $2.35B | $7.16B | $9.62B | $72.16B | $69.23B | $119.34B |
| Activos Totales | $285.58B | $318.78B | $556.17B | $618.31B | $1.05T | $2.01T | $1.96T | $13.31T | $14.72T | $25.41T |
| Cuentas por Pagar | $44.3M | $49.4M | $147.2M | $495.1M | $62.7M | $68.6M | $127.2M | $28.0M | $170.8M | $188.5M |
| Deuda a Corto | $249.0M | $421.4M | $22.0M | 0 | 0 | 0 | 0 | 0 | 0 | $468.23B |
| Pasivos Corrientes | $212.56B | $229.35B | $400.44B | $401.52B | $722.19B | $1.38T | $40.8M | $7.94T | $9.93T | $18.31T |
| Deuda a Largo | $4.59B | $4.05B | $12.31B | $18.31B | $16.25B | $23.79B | $62.21B | $89.06B | $316.60B | $1.44T |
| Pasivos Totales | $247.05B | $269.27B | $486.11B | $503.49B | $873.17B | $1.69T | $1.59T | $10.22T | $12.10T | $21.87T |
| Reservas | $5.06B | $761.2M | -$10.28B | -$26.12B | -$87.98B | -$66.53B | -$143.26B | -$369.31B | -$367.21B | $2.24T |
| Patrimonio Neto | $38.02B | $49.06B | $70.01B | $112.67B | $169.63B | $311.27B | $360.48B | $3.04T | $2.57T | $3.43T |
| Deuda Total | $4.84B | $4.47B | $12.33B | $21.74B | $20.70B | $29.49B | $75.06B | $140.25B | $349.00B | $1.96T |
| Deuda Neta | -$101.14B | -$77.20B | -$177.91B | -$252.54B | -$401.35B | -$721.15B | -$838.58B | -$3.79T | -$4.82T | -$4.69T |
| Capital Circulante | -$91.89B | -$131.12B | -$170.95B | -$114.35B | -$272.37B | -$581.90B | $920.02B | -$3.00T | -$3.27T | -$11.56T |
Flujo de Caja (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Beneficio Neto | 0 | $4.48B | $13.73B | $35.81B | $18.10B | $21.08B | $61.86B | $358.31B | $441.08B | $519.82B |
| Amortizaciones | 0 | $644.7M | $876.4M | $2.00B | $4.07B | $5.58B | $10.97B | $27.88B | $79.61B | $111.10B |
| Compensación en Acciones | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cambio en Capital Circulante | 0 | $3.24B | $37.77B | $17.08B | -$63.32B | $17.85B | -$126.05B | -$160.37B | -$7.91T | -$54.34B |
| Flujo de Caja Operativo | $21.11B | $9.22B | $34.10B | $27.21B | -$10.14B | $116.71B | $110.48B | $601.23B | -$5.17T | $1.88T |
| Inversiones (CapEx) | -$419.6M | -$776.0M | -$1.74B | -$2.66B | -$3.15B | -$8.04B | -$16.41B | -$42.15B | -$164.53B | -$252.62B |
| Adquisiciones | 0 | $6.6M | -$82.0M | $205.1M | 0 | 0 | $558.13B | 0 | 0 | -$29.76B |
| Recompra de Acciones | 0 | 0 | $1.26B | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividendos Pagados | -$1.46B | -$1.02B | -$970.9M | -$2.41B | 0 | 0 | -$8.02B | -$278.3M | -$90.61B | -$19.81B |
| Flujo de Caja Libre | $20.69B | $8.45B | $32.35B | $24.55B | -$13.29B | $108.67B | $94.07B | $559.08B | -$5.34T | $1.63T |
Crecimiento y Márgenes (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Crecimiento Ingresos (anual) | +165.6% | +91.1% | +92.4% | +51.5% | +256.2% | +215.1% | +63.7% | -31.1% | +8.3% | |
| Crecimiento Beneficio Neto (anual) | -19.6% | -206.5% | +1155.7% | -10.3% | +92.9% | +599.9% | -14.4% | +5.5% | -12.6% | |
| Crecimiento BPA (anual) | -0.6% | -175.4% | +1094.3% | -4.7% | -38.0% | +900.4% | +95.6% | -1.4% | -10.8% | |
| Cambio en Acciones (anual) | +7.1% | +6.6% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | |
| Crecimiento FCF (anual) | -59.2% | +283.1% | -24.1% | -154.1% | +917.8% | -13.4% | +494.4% | -1054.7% | +130.5% | |
| Margen Bruto | 59.3% | 75.0% | 63.2% | 62.9% | 69.9% | 61.8% | 57.5% | 55.2% | 65.9% | 54.8% |
| Margen Operativo | 21.9% | 5.4% | 4.1% | 13.7% | 13.0% | 5.8% | 8.2% | 9.0% | 8.5% | 9.2% |
| Margen EBITDA | 22.8% | 8.4% | 7.0% | 16.9% | 15.9% | 8.1% | 9.7% | 9.8% | 10.0% | 11.2% |
| Margen Neto | 13.1% | 4.0% | -2.2% | 12.1% | 7.2% | 3.9% | 8.7% | 4.5% | 6.9% | 5.6% |
| Margen FCF | 74.5% | 11.5% | 23.0% | 9.1% | -3.2% | 7.4% | 2.0% | 7.4% | -102.7% | 28.9% |
| Tasa Impositiva Efectiva | 40.2% | 28.0% | 156.7% | 11.5% | 44.4% | 33.1% | -4.6% | 49.8% | 17.3% | 36.0% |
Datos por Acción (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| FCF por Acción | $115.63 | $44.09 | $158.43 | $120.21 | $-65.06 | $532.07 | $460.57 | $2737.42 | $-26133.23 | $7983.59 |
| Dividendo por Acción | $8.18 | $5.33 | $4.75 | $11.79 | $0.00 | $0.00 | $39.29 | $1.36 | $443.65 | $97.00 |
| Acciones en Circulación (Básicas) | $179.0M | $191.6M | $204.2M | $204.2M | $204.2M | $204.2M | $204.2M | $204.2M | $204.2M | $204.2M |
Qué mirar en empresas de Financial Services
- Efficiency Ratio (≤55%) — Gastos operativos / ingresos. Bancos top por debajo del 55%.
- ROA (≥1%) — Cuánto ganan por cada euro de activos. En banca el ROE engaña por el apalancamiento.
- ROTCE (≥12%) — Rentabilidad sobre Capital Tangible. Descuenta goodwill e intangibles.
- Capital / Activos (proxy Tier 1) (≥8%) — Proxy del ratio de capital. FMP no expone Tier 1 regulatorio directo.
- P/B (1,0-1,5x) — Métrica clásica bancaria. <1x puede ser oportunidad o distress.
- Rentabilidad por dividendo sostenible (≥2%, <8%) — Bancos UE pagan 5-7% sin estrés. >8% es señal de distress.
Rentabilidad
| Rentabilidad sobre capital | 8.15% |
| Rentabilidad sobre capital invertido | 1.11% |
| Rentabilidad sobre activos | 1.04% |
| Margen bruto | 39.56% |
| Margen operativo | 7.49% |
| Margen neto | 4.62% |
Salud financiera
| Deuda / Patrimonio | 0.35 |
| Ratio corriente | 3.79 |
| Piotroski F-Score | 3 |
| Altman Z-Score | 0.01 |
Ratios Clave (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E | 13.56 | 23.14 | -27.91 | 2.20 | 1.87 | 3.61 | 0.77 | 2.42 | 11.35 | 16.99 |
| P/VC | 1.30 | 1.83 | 1.24 | 0.60 | 0.32 | 0.21 | 0.39 | 0.28 | 1.56 | 1.56 |
| P/V | 1.78 | 1.22 | 0.62 | 0.25 | 0.13 | 0.05 | 0.03 | 0.11 | 0.77 | 0.95 |
| Margen Bruto | 59.3% | 75.0% | 63.2% | 62.9% | 69.9% | 61.8% | 57.5% | 55.2% | 65.9% | 54.8% |
| Margen Operativo | 21.9% | 5.4% | 4.1% | 13.7% | 13.0% | 5.8% | 8.2% | 9.0% | 8.5% | 9.2% |
| Margen Neto | 13.1% | 4.0% | -2.2% | 12.1% | 7.2% | 3.9% | 8.7% | 4.5% | 6.9% | 5.6% |
Empresas relacionadas: ASB · BANF · FIBK · FULT · INDB · RNST · SFBS
Explorar sector: Financial Services · Banks - Regional
Más secciones de BBAR: Resumen · Valoración · Estadísticas · Estimaciones · Técnico · Propiedad · Noticias · Eventos
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