Grupo Financiero Galicia S.A (GF4) - Net Assets

Latest as of March 2026: €8.59 Trillion EUR ≈ $10.04 Trillion USD

Based on the latest financial reports, Grupo Financiero Galicia S.A (GF4) has net assets worth €8.59 Trillion EUR (≈ $10.04 Trillion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€45.16 Trillion ≈ $52.79 Trillion USD) and total liabilities (€36.57 Trillion ≈ $42.75 Trillion 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 Grupo Financiero Galicia S.A strategic asset allocation index to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	€8.59 Trillion
% of Total Assets	19.02%
Annual Growth Rate	93.63%
5-Year Change	2466.99%
10-Year Change	N/A
Growth Volatility	68.46

Grupo Financiero Galicia S.A - Net Assets Trend (2017–2025)

This chart illustrates how Grupo Financiero Galicia S.A's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Grupo Financiero Galicia S.A market cap and net worth.

Annual Net Assets for Grupo Financiero Galicia S.A (2017–2025)

The table below shows the annual net assets of Grupo Financiero Galicia S.A from 2017 to 2025. Also explore Grupo Financiero Galicia S.A annual equity growth to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-12-31	€7.77 Trillion ≈ $9.08 Trillion	+28.09%
2024-12-31	€6.06 Trillion ≈ $7.09 Trillion	+200.60%
2023-12-31	€2.02 Trillion ≈ $2.36 Trillion	+231.31%
2022-12-31	€608.88 Billion ≈ $711.84 Billion	+101.24%
2021-12-31	€302.57 Billion ≈ $353.73 Billion	+68.22%
2020-12-31	€179.86 Billion ≈ $210.28 Billion	+53.94%
2019-12-31	€116.83 Billion ≈ $136.59 Billion	+88.91%
2018-12-31	€61.85 Billion ≈ $72.31 Billion	+57.37%
2017-12-31	€39.30 Billion ≈ $45.95 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 474.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	€170.00 Billion	2.19%
Other Components	€7.60 Trillion	97.81%
Total Equity	€7.77 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
Carlsberg A/S CO:CARL-A	$5.64 Billion
Casella Waste Systems Inc NASDAQ:CWST	$5.64 Billion
Capital Securities Corp. Ltd. SHG:601136	$5.65 Billion
Ormat Technologies Inc NYSE:ORA	$5.65 Billion
Shanghai Friendess Electronics Tech SHG:688188	$5.64 Billion
Portland General Electric Co NYSE:POR	$5.63 Billion
Shenzhen New Industries Biomedical SHE:300832	$5.63 Billion
Associated Banc-Corp NYSE:ASB	$5.62 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 2024 to 2025, total equity changed from 6,063,585,599,000 to 7,766,542,600,000, a change of 1,702,957,001,000 (28.1%).
Net income of 212,523,704,000 contributed positively to equity growth.
Dividend payments of 329,134,222,000 reduced retained earnings.
New share issuances of 126,047,404,000 increased equity.
Other factors increased equity by 1,693,520,115,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	€212.52 Billion	+2.74%
Dividends Paid	€329.13 Billion	-4.24%
Share Issuances	€126.05 Billion	+1.62%
Other Changes	€1.69 Trillion	+21.81%
Total Change	€-	28.08%

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: 0.01x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has decreased from 1.32x to 0.01x 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	€27.54	€36.40	x
2018-12-31	€42.14	€36.40	x
2019-12-31	€79.86	€36.40	x
2020-12-31	€121.96	€36.40	x
2021-12-31	€205.17	€36.40	x
2022-12-31	€412.88	€36.40	x
2023-12-31	€1367.85	€36.40	x
2024-12-31	€3806.13	€36.40	x
2025-12-31	€4835.19	€36.40	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): 2.74%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 2.49%
• Asset Turnover: 0.19x
• Equity Multiplier: 5.89x
Recent ROE (2.74%) is below the historical average (17.13%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2017	21.19%	18.46%	0.13x	8.68x	€4.40 Billion
2018	-5.76%	-4.11%	0.15x	9.48x	€-9.48 Billion
2019	20.81%	15.26%	0.23x	6.02x	€12.31 Billion
2020	14.70%	12.27%	0.20x	5.88x	€8.45 Billion
2021	9.73%	10.80%	0.16x	5.56x	€-826.60 Million
2022	7.99%	7.02%	0.21x	5.54x	€-12.25 Billion
2023	47.88%	10.09%	0.94x	5.06x	€764.17 Billion
2024	34.89%	21.42%	0.30x	5.36x	€1.51 Trillion
2025	2.74%	2.49%	0.19x	5.89x	€-564.13 Billion

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: $4,287,368,671,600
Average return on equity (ROE) among peers: 6.45%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Grupo Financiero Galicia S.A (GF4)	€8.59 Trillion	21.19%	4.26x	$5.64 Billion
Grupo Supervielle S.A (189A)	$16.97 Billion	-17.85%	7.35x	$590.94 Million
WOORI FIN. GRP SP.ADR/3 (2WGA)	$31.63 Trillion	10.08%	14.19x	$11.06 Billion
Bank of Zhengzhou Co. Ltd (3BZ)	$39.89 Billion	8.24%	11.55x	$219.68 Million
Manx Financial Group PLC (3IM)	$43.55 Million	14.67%	11.89x	$30.82 Million
Postal Savings Bank of China Co Ltd (3YB)	$795.55 Billion	9.57%	14.82x	$13.57 Billion
PO.S.B.O. UNSP.ADRS/20YC1 (3YB0)	$1.16 Trillion	7.52%	15.07x	$13.93 Billion
TISCO Financial Group Public Company Limited (47TA)	$42.45 Billion	17.20%	5.85x	$2.59 Billion
Bank of Qingdao Co. Ltd (4BQ)	$33.33 Billion	8.77%	14.67x	$1.46 Billion
Harbin Bank Co. Ltd (5H6)	$64.78 Billion	1.77%	14.73x	$116.65 Million
JAPAN POST BK UNSP.ADR/1 (5JP0)	$9.09 Trillion	4.56%	24.70x	$53.42 Billion

About Grupo Financiero Galicia S.A

F:GF4 Germany Banks - Regional

Market Cap

$5.64 Billion

€4.82 Billion EUR

Market Cap Rank

#3292 Global

#624 in Germany

Share Price

€36.40

Change (1 day)

-1.09%

52-Week Range

€22.80 - €51.50

All Time High

€71.00