Grupo Financiero Galicia SA operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Grupo Financiero Galicia SA with three other
companies in this sector in Argentina:
BBVA Banco Frances SA
sales of 37.65 billion Argentinian Pesos [US$1.04 billion]
Banco Santander Rio S.A.
(52.74 billion Argentinian Pesos [US$1.46 billion]
Banco Macro S.A.
(47.48 billion Argentinian Pesos [US$1.31 billion]
During the year ended December of 2017, sales at
Grupo Financiero Galicia SA were 68.02 billion Argentinian Pesos (US$1.88 billion).
increase of 23.0%
versus 2016, when the company's sales were 55.31 billion Argentinian Pesos.
This was the fifth consecutive year of sales increases at Grupo Financiero Galicia SA
(and since 2012, sales have increased a total of 367%).
Sales of Other saw an increase
that was more than double the company's growth rate: sales were up
296.9% in 2017, from
411.76 million Argentinian Pesos to 1.63 billion Argentinian Pesos.
Grupo Financiero Galicia SA also saw significant increases in sales in
Banks (up 41.4% to 23.37 billion Argentinian Pesos)
Regional Credit Cards (up 36.4% to 12.66 billion Argentinian Pesos)
Personal Loans (up 41.4% to 2.50 billion Argentinian Pesos)
Not all segments of Grupo Financiero Galicia SA experienced an increase in sales in 2017:
sales of Insurance fell 2.1% to 343.78 million Argentinian Pesos.
(However, this segment's sales were only a very small portion of the company's overall sales).