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 :
Banco Bbva Argentina SA
sales of 163.23 billion Argentinian Pesos [US$1.76 billion]
Banco Macro S.A.
(160.63 billion Argentinian Pesos [US$1.73 billion]
of which 100%
was Banking & Related Activities), and
Banco Santander Rio S.A.
(225.90 billion Argentinian Pesos [US$2.44 billion]
During the year ended December of 2020, sales at
Grupo Financiero Galicia SA were 249.17 billion Argentinian Pesos (US$2.69 billion).
increase of 51.6%
versus 2019, when the company's sales were 164.40 billion Argentinian Pesos .
This was the fifth consecutive year of sales increases at Grupo Financiero Galicia SA
(and since 2015, sales have increased a total of 558%).
Sales of Banks saw an increase
that was more than double the company's growth rate: sales were up
175.7% in 2020, from
21.34 billion Argentinian Pesos to 58.83 billion Argentinian Pesos .
Grupo Financiero Galicia SA also saw significant increases in sales in
Regional Credit Cards (up 113.8% to 16.84 billion Argentinian Pesos )
Not all segments of Grupo Financiero Galicia SA experienced an increase in sales in 2020:
sales of Other fell 88.5% to 4.60 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
Adjustments (down 18.2% to 226.47 million Argentinian Pesos )