Profile
Sector:
Financial ServicesIndustry:
Banks - RegionalCountry:
ArgentinaIPO:
19 May 2016Website:
http://www.gruposupervielle.comNext earnings report:
23 August 2024Last dividends:
23 May 2024Next dividends:
N/APrice
after hours | Wed, 03 Jul 2024 20:12:26 GMTAnalysts recommendations
Institutional Ownership
SUPV Latest News
Grupo Supervielle (SUPV) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
BUENOS AIRES, Argentina--(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.
The departure of Supervielle's CEO has increased the risk of execution, but overall the bank is still on track to benefit from Argentina's recent change in government. The stock is also trading at a significant discount compared to its competitors, potentially offering a higher reward compared to the level of risk.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
What type of business is Grupo Supervielle SA?
Grupo Supervielle S.A., a financial services holding company, provides various banking products and services in Argentina. The company operates through Personal and Business Banking, Corporate Banking, Treasury and Finance, Capital Markets and Structuring, and Support Areas segments. It offers savings accounts, time and demand deposits, and checking accounts; various loan products, including personal, consumer, mortgage, unsecured, and car loans; overdrafts; loans with special facilities for project and working capital financing; and leasing, bank guarantees for tenants, salary advances, domestic and international factoring, international guarantees and letters of credit, payroll payment plans, credit cards, debit cards, and senior citizens benefit payment services, as well as financial services and investments, such as mutual funds and guarantees. The company also provides foreign trade and cash management; advisory services; treasury services; insurance products comprising personal accidents, protected bag, unemployment, total protection, and pets insurance policies; and asset management and other services, as well as operates as an online broker. As of December 31, 2021, it operates through a network of 298 access points, including 184 bank branches, 10 banking sales and collection centers, 79 points of sales, 20 Tarjeta Automática branches, and 5 Mila branches, as well as 450 ATMs, 230 self-service terminals, and 298 ATMs with biometric identification. The company was formerly known as Inversiones y Participaciones S.A. and changed its name to Grupo Supervielle S.A. in November 2008. Grupo Supervielle S.A. was founded in 1887 and is headquartered in Buenos Aires, Argentina.
What sector is Grupo Supervielle SA in?
Grupo Supervielle SA is in the Financial Services sector
What industry is Grupo Supervielle SA in?
Grupo Supervielle SA is in the Banks - Regional industry
What country is Grupo Supervielle SA from?
Grupo Supervielle SA is headquartered in Argentina
When did Grupo Supervielle SA go public?
Grupo Supervielle SA initial public offering (IPO) was on 19 May 2016
What is Grupo Supervielle SA website?
https://www.gruposupervielle.com
Is Grupo Supervielle SA in the S&P 500?
No, Grupo Supervielle SA is not included in the S&P 500 index
Is Grupo Supervielle SA in the NASDAQ 100?
No, Grupo Supervielle SA is not included in the NASDAQ 100 index
Is Grupo Supervielle SA in the Dow Jones?
No, Grupo Supervielle SA is not included in the Dow Jones index
When does Grupo Supervielle SA report earnings?
The next expected earnings date for Grupo Supervielle SA is 23 August 2024