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
(2018
sales of 64.14 billion Argentinian Pesos [US$1.11 billion]
),
Banco Macro S.A.
(77.11 billion Argentinian Pesos [US$1.34 billion]
of which 100%
was Banking & Related Activities), and
Banco Santander Rio S.A.
(80.68 billion Argentinian Pesos [US$1.40 billion]
).
Sales Analysis.
During the year ended December of 2018, sales at
Grupo Financiero Galicia SA were 101.29 billion Argentinian Pesos (US$1.75 billion).
This
is
an
increase of 48.9%
versus 2017, when the company's sales were 68.02 billion Argentinian Pesos.
This was the fifth consecutive year of sales increases at Grupo Financiero Galicia SA
(and since 2013, sales have increased a total of 413%).
Sales of Insurance saw an increase
of
23.1% in 2018, from
343.78 million Argentinian Pesos to 423.26 million Argentinian Pesos.
Not all segments of Grupo Financiero Galicia SA experienced an increase in sales in 2018:
sales of Other fell 98.2% to 28.68 million Argentinian Pesos.
(However, this segment's sales were only a very small portion of the company's overall sales).
Grupo Financiero Galicia SA also experienced decreases in sales in
Banks (down 17.6% to 19.25 billion Argentinian Pesos)
and
Regional Credit Cards (down 40.6% to 7.52 billion Argentinian Pesos)
.