Grupo Financiero Galicia S.A.
Grupo Financiero Galicia S.A., a financial service holding company, provides various financial products and services to individuals and companies in Argentina. The company operates through Bank, Naranja X, Insurance, and Other Businesses segments. It offers savings, checking, and time deposits; personal loans; express and mortgage loans; overdrafts; pledge and credit card loans; credit and debit … Read more
Grupo Financiero Galicia S.A. (GGAL) - Net Assets
Latest net assets as of September 2025: AR$7.09 Trillion ARS
Based on the latest financial reports, Grupo Financiero Galicia S.A. (GGAL) has net assets worth AR$7.09 Trillion ARS as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AR$42.00 Trillion) and total liabilities (AR$34.90 Trillion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AR$7.09 Trillion |
| % of Total Assets | 16.89% |
| Annual Growth Rate | 41.63% |
| 5-Year Change | 3271.37% |
| 10-Year Change | 38789.76% |
| Growth Volatility | 58.3 |
Grupo Financiero Galicia S.A. - Net Assets Trend (2000–2024)
This chart illustrates how Grupo Financiero Galicia S.A.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Grupo Financiero Galicia S.A. (2000–2024)
The table below shows the annual net assets of Grupo Financiero Galicia S.A. from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AR$6.06 Trillion | +200.60% |
| 2023-12-31 | AR$2.02 Trillion | +231.31% |
| 2022-12-31 | AR$608.88 Billion | +101.24% |
| 2021-12-31 | AR$302.57 Billion | +68.22% |
| 2020-12-31 | AR$179.86 Billion | +53.94% |
| 2019-12-31 | AR$116.83 Billion | +88.91% |
| 2018-12-31 | AR$61.85 Billion | +57.37% |
| 2017-12-31 | AR$39.30 Billion | +93.10% |
| 2016-12-31 | AR$20.35 Billion | +30.53% |
| 2015-12-31 | AR$15.59 Billion | +41.39% |
| 2014-12-31 | AR$11.03 Billion | +46.07% |
| 2013-12-31 | AR$7.55 Billion | +35.48% |
| 2012-12-31 | AR$5.57 Billion | +36.54% |
| 2011-12-31 | AR$4.08 Billion | +43.10% |
| 2010-12-31 | AR$2.85 Billion | +21.81% |
| 2009-12-31 | AR$2.34 Billion | +11.91% |
| 2008-12-31 | AR$2.09 Billion | +11.74% |
| 2007-12-31 | AR$1.87 Billion | +5.43% |
| 2006-12-31 | AR$1.78 Billion | +0.19% |
| 2005-12-31 | AR$1.77 Billion | +8.53% |
| 2004-12-31 | AR$1.63 Billion | +4.80% |
| 2003-12-31 | AR$1.56 Billion | -8.74% |
| 2002-12-31 | AR$1.71 Billion | +11.89% |
| 2001-12-31 | AR$1.53 Billion | +6.75% |
| 2000-12-31 | AR$1.43 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Grupo Financiero Galicia S.A.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 324878.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AR$421.96 Billion | 6.96% |
| Other Components | AR$5.64 Trillion | 93.04% |
| Total Equity | AR$6.06 Trillion | 100.00% |
Grupo Financiero Galicia S.A. Competitors by Market Cap
The table below lists competitors of Grupo Financiero Galicia S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Planet Fitness Inc
NYSE:PLNT
|
$5.77 Billion |
|
Gates Industrial Corporation plc
NYSE:GTES
|
$5.77 Billion |
|
AB SAGAX B
F:EFE
|
$5.77 Billion |
|
Mondi plc
PINK:MNODF
|
$5.78 Billion |
|
Blue Owl Capital Inc
NYSE:OWL
|
$5.77 Billion |
|
Descartes Systems Group Inc
NASDAQ:DSGX
|
$5.77 Billion |
|
Prosperity Bancshares Inc
NYSE:PB
|
$5.76 Billion |
|
Ollie's Bargain Outlet Holdings Inc
F:OL6
|
$5.76 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Grupo Financiero Galicia S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,017,155,269,000 to 6,063,585,599,000, a change of 4,046,430,330,000 (200.6%).
- Net income of 1,624,744,805,000 contributed positively to equity growth.
- Dividend payments of 614,943,495,000 reduced retained earnings.
- Other factors increased equity by 3,036,629,020,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AR$1.62 Trillion | +26.8% |
| Dividends Paid | AR$614.94 Billion | -10.14% |
| Other Changes | AR$3.04 Trillion | +50.08% |
| Total Change | AR$- | 200.60% |
Book Value vs Market Value Analysis
This analysis compares Grupo Financiero Galicia S.A.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.65x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 228.54x to 1.65x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | AR$27.54 | AR$6295.00 | x |
| 2018-12-31 | AR$42.14 | AR$6295.00 | x |
| 2019-12-31 | AR$79.86 | AR$6295.00 | x |
| 2020-12-31 | AR$121.96 | AR$6295.00 | x |
| 2021-12-31 | AR$205.17 | AR$6295.00 | x |
| 2022-12-31 | AR$412.88 | AR$6295.00 | x |
| 2023-12-31 | AR$1367.85 | AR$6295.00 | x |
| 2024-12-31 | AR$3806.13 | AR$6295.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Grupo Financiero Galicia S.A. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 26.80%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.59%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 5.36x
- Recent ROE (26.80%) is above the historical average (18.71%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 6.59% | 5.33% | 0.08x | 15.76x | AR$-55.44 Million |
| 2007 | 2.78% | 1.38% | 0.15x | 13.80x | AR$-119.41 Million |
| 2008 | 9.58% | 4.35% | 0.16x | 13.40x | AR$-7.76 Million |
| 2009 | 11.17% | 5.68% | 0.15x | 13.45x | AR$24.02 Million |
| 2010 | 16.56% | 8.04% | 0.14x | 14.46x | AR$161.95 Million |
| 2011 | 31.17% | 13.50% | 0.16x | 14.41x | AR$751.78 Million |
| 2012 | 27.44% | 10.97% | 0.19x | 13.03x | AR$849.21 Million |
| 2013 | 26.25% | 10.03% | 0.22x | 11.97x | AR$1.13 Billion |
| 2014 | 32.58% | 12.99% | 0.24x | 10.47x | AR$2.31 Billion |
| 2015 | 29.95% | 23.52% | 0.11x | 11.17x | AR$2.89 Billion |
| 2016 | 29.57% | 18.62% | 0.13x | 11.90x | AR$3.98 Billion |
| 2017 | 21.19% | 18.46% | 0.13x | 8.68x | AR$4.40 Billion |
| 2018 | -5.76% | -4.11% | 0.15x | 9.48x | AR$-9.48 Billion |
| 2019 | 20.81% | 15.26% | 0.23x | 6.02x | AR$12.31 Billion |
| 2020 | 14.70% | 12.27% | 0.20x | 5.88x | AR$8.45 Billion |
| 2021 | 9.73% | 10.80% | 0.16x | 5.56x | AR$-826.60 Million |
| 2022 | 7.99% | 7.02% | 0.21x | 5.54x | AR$-12.25 Billion |
| 2023 | 36.40% | 10.06% | 0.71x | 5.06x | AR$532.52 Billion |
| 2024 | 26.80% | 21.59% | 0.23x | 5.36x | AR$1.02 Trillion |
Industry Comparison
This section compares Grupo Financiero Galicia S.A.'s net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $478,652,240,500
- Average return on equity (ROE) among peers: 10.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Grupo Financiero Galicia S.A. (GGAL) | AR$7.09 Trillion | 6.59% | 4.92x | $5.77 Billion |
| BBVA Banco Frances SA (BBAR) | $162.61 Billion | 13.03% | 5.34x | $1.08 Billion |
| Banco Hipotecario SA (BHIP) | $50.73 Billion | 11.94% | 6.94x | $34.96 Million |
| Banco Patagonia (BPAT) | $1.66 Trillion | 6.58% | 4.29x | $245.57 Million |
| Lloyds Banking Group PLC CEDEAR (LYG) | $43.91 Billion | 8.72% | 18.89x | $113.64 Billion |