Grupo Financiero Galicia S.A. (GGAL) - Net Assets

Latest as of September 2025: AR$7.09 Trillion ARS ≈ $5.13 Billion USD

Based on the latest financial reports, Grupo Financiero Galicia S.A. (GGAL) has net assets worth AR$7.09 Trillion ARS (≈ $5.13 Billion USD) 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 ≈ $30.39 Billion USD) and total liabilities (AR$34.90 Trillion ≈ $25.26 Billion USD). 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. Check GGAL cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore how large is Grupo Financiero Galicia S.A.'s balance sheet for the complete picture of this company's asset base.

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. For live valuation and market cap data, see GGAL market cap.

Year	Net Assets	Change
2024-12-31	AR$6.06 Trillion ≈ $4.39 Billion	+200.60%
2023-12-31	AR$2.02 Trillion ≈ $1.46 Billion	+231.31%
2022-12-31	AR$608.88 Billion ≈ $440.59 Million	+101.24%
2021-12-31	AR$302.57 Billion ≈ $218.94 Million	+68.22%
2020-12-31	AR$179.86 Billion ≈ $130.15 Million	+53.94%
2019-12-31	AR$116.83 Billion ≈ $84.54 Million	+88.91%
2018-12-31	AR$61.85 Billion ≈ $44.75 Million	+57.37%
2017-12-31	AR$39.30 Billion ≈ $28.44 Million	+93.10%
2016-12-31	AR$20.35 Billion ≈ $14.73 Million	+30.53%
2015-12-31	AR$15.59 Billion ≈ $11.28 Million	+41.39%
2014-12-31	AR$11.03 Billion ≈ $7.98 Million	+46.07%
2013-12-31	AR$7.55 Billion ≈ $5.46 Million	+35.48%
2012-12-31	AR$5.57 Billion ≈ $4.03 Million	+36.54%
2011-12-31	AR$4.08 Billion ≈ $2.95 Million	+43.10%
2010-12-31	AR$2.85 Billion ≈ $2.06 Million	+21.81%
2009-12-31	AR$2.34 Billion ≈ $1.69 Million	+11.91%
2008-12-31	AR$2.09 Billion ≈ $1.51 Million	+11.74%
2007-12-31	AR$1.87 Billion ≈ $1.35 Million	+5.43%
2006-12-31	AR$1.78 Billion ≈ $1.28 Million	+0.19%
2005-12-31	AR$1.77 Billion ≈ $1.28 Million	+8.53%
2004-12-31	AR$1.63 Billion ≈ $1.18 Million	+4.80%
2003-12-31	AR$1.56 Billion ≈ $1.13 Million	-8.74%
2002-12-31	AR$1.71 Billion ≈ $1.24 Million	+11.89%
2001-12-31	AR$1.53 Billion ≈ $1.10 Million	+6.75%
2000-12-31	AR$1.43 Billion ≈ $1.03 Million	--

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
Chord Energy Corp NASDAQ:CHRD	$5.96 Billion
Shanghai Commercial & Savings Bank Ltd TW:5876	$5.97 Billion
Castech Inc SHE:002222	$5.97 Billion
Hangzhou Great Star Industrial Co Ltd SHE:002444	$5.98 Billion
Sulzer AG SW:SUN	$5.96 Billion
Hangzhou Tigermed Consulting SHE:300347	$5.96 Billion
Immunitybio Inc NASDAQ:IBRX	$5.96 Billion
Chemed Corp NYSE:CHE	$5.96 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: 1.63x
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 225.81x to 1.63x 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$6220.00	x
2018-12-31	AR$42.14	AR$6220.00	x
2019-12-31	AR$79.86	AR$6220.00	x
2020-12-31	AR$121.96	AR$6220.00	x
2021-12-31	AR$205.17	AR$6220.00	x
2022-12-31	AR$412.88	AR$6220.00	x
2023-12-31	AR$1367.85	AR$6220.00	x
2024-12-31	AR$3806.13	AR$6220.00	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: $1,019,557,096,625
Average return on equity (ROE) among peers: 13.10%

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	$5.96 Billion
BBVA Banco Frances SA (BBAR)	$26.67 Billion	14.54%	7.46x	$3.18 Billion
Banco Bradesco DRC (BBD)	$117.69 Billion	14.52%	9.40x	$44.47 Billion
Banco Hipotecario SA (BHIP)	$11.68 Billion	15.25%	6.69x	$184.93 Million
Banco Macro SA B (BMA)	$6.23 Trillion	2.04%	0.04x	$4.95 Billion
Banco Patagonia (BPAT)	$1.66 Trillion	6.58%	4.29x	$992.69 Million
Banco Santander Río S.A (BRIO)	$2.00 Billion	18.92%	11.28x	$87.20 Million
Banco Santander Brasil SA (BSBR)	$97.21 Billion	16.88%	6.84x	$463.35 Million
Grupo Supervielle S.A. B (SUPV)	$15.14 Billion	16.09%	5.20x	$669.31 Million

About Grupo Financiero Galicia S.A.

BA:GGAL Argentina Banks - Regional

Market Cap

$5.96 Billion

AR$8.24 Trillion ARS

Market Cap Rank

#3186 Global

#8 in Argentina

Share Price

AR$6220.00

Change (1 day)

-2.51%

52-Week Range

AR$4087.50 - AR$9185.00

All Time High

AR$9185.00