BBVA Banco Frances 2025 Net Income Down 43.2%, Q4 Up 44.5% QoQ
BBVA Banco Frances reported 2025 inflation-adjusted net income of ARS 267.4 billion, down 43.2% year-over-year, with Q4 net income rising 44.5% to ARS 59.3 billion and quarterly ROE of 6.5%. Private loans grew 47.6% to ARS 14.8 trillion, while NPL ratio peaked at 4.18%, below system average.
1. Earnings and Profitability
BBVA Banco Frances reported inflation-adjusted net income of ARS 267.4 billion for 2025, a 43.2% decline from 2024. The bank delivered a Q4 net income of ARS 59.3 billion, up 44.5% quarter-on-quarter, achieving a quarterly ROE of 6.5% and ROA of 0.9%.
2. Asset Quality and Provisions
Loan loss allowances increased 181.2% year-on-year and 31.3% quarter-on-quarter, driving the full-year cost of risk to 5.54% and 8.11% in Q4. The NPL ratio on private loans reached 4.18%, below the system average of 5.29%, with management expecting peaking in 1Q26 before gradual improvement.
3. Balance Sheet Growth and Strategic Moves
Private loans climbed 47.6% to ARS 14.8 trillion, lifting market share to 11.91%, while private deposits grew 29.7% to ARS 16.7 trillion. The bank closed a 50% acquisition of FCA with an ARS 1 billion P&L impact and secured a $150 million IFC credit line to boost SME lending.