Grupo Supervielle releases transcript of Q2 2026 earnings call
SUPV•IOL assets under custody
IOL assets under custody reached US$ 3 billion. Management cited lower trading activity as volatility fades, with growth shifting to longer-term investing.
Q2 earnings call transcript and key results
Grupo Supervielle released the 2Q26 earnings call transcript from Aug. 11, 2026, attended by the CEO, Bank CEO, CFO, IR chief, and IOL CEO.
- 2Q attributable net income reached AR$ 13 billion; adjusted net income was AR$ 36 billion; adjusted ROAE was 12.4%.
- Structural net income would have been AR$ 42 billion; structural ROAE was 14.4%.
- Management guided full-year adjusted ROE at 8%-10%.
- Updated 2026 outlook calls for real loan growth of 10%-15%; NIM of 17%-19%; fee income of -5% to -8% real; opex of -6% to -4% real; and CET1 of 12%-14%.
Cost savings, credit quality and margin trends
Rightsizing cut 553 employees in 1H; annualized personnel savings are about AR$ 42 billion, with the full quarterly run-rate starting in 3Q.
- NPL ratio improved to 5.5%; net cost of risk eased to 5.6%; management kept full-year cost of risk guidance at 5.3%-5.8%.
- Net interest margin rose 250 bps to 20.3%; management expects pressure from faster corporate asset repricing in 2H.
