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Banco BBVA (BBAR) Is Attractively Priced Despite Fast-paced Momentum
ZACKS· 2024-12-17 14:51
Group 1: Momentum Investing Overview - Momentum investing deviates from the traditional "buy low, sell high" strategy, focusing instead on "buying high and selling higher" to maximize returns in a shorter timeframe [1] - Fast-moving trending stocks can be appealing, but identifying the right entry point is challenging, as these stocks may lose momentum if their valuations exceed future growth potential [2] Group 2: Investment Opportunities in BBVA (BBAR) - Banco BBVA (BBAR) has shown significant price momentum, with an 8.7% increase over the past four weeks, indicating growing investor interest [4] - Over the past 12 weeks, BBAR's stock price has surged by 66.1%, demonstrating its ability to deliver positive returns over a longer period [5] - BBAR has a beta of 1.49, suggesting it moves 49% more than the market, indicating fast-paced momentum [5] - The stock has a Momentum Score of B, suggesting it is an opportune time to invest in BBAR to capitalize on its momentum [6] - BBAR has received a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which typically attract more investors and drive prices higher [7] - The stock is currently trading at a Price-to-Sales ratio of 0.61, indicating it is reasonably valued, as investors pay only 61 cents for each dollar of sales [7] Group 3: Additional Investment Strategies - Besides BBAR, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [8] - Investors can explore over 45 Zacks Premium Screens tailored to different investing styles to identify potential winning stocks [9]
BBVA(BBAR) - 2024 Q3 - Earnings Call Transcript
2024-11-22 03:24
Financial Data and Key Metrics Changes - BBVA Argentina's inflation-adjusted net income for Q3 2024 was ARS 99.2 billion, a decrease of 21.6% quarter-over-quarter [12] - The quarterly return on equity (ROE) was 16.9% and return on assets (ROA) was 2.9% [12] - Net interest income fell to ARS 460.3 billion, down 39.5% quarter-over-quarter [15] - Total operating expenses decreased by 17.6% quarter-over-quarter, amounting to ARS 316.6 billion [21] Business Line Data and Key Metrics Changes - Retail digital sales reached 92.6% in Q3 2024, representing 73.7% of total sales in monetary value [11] - Net fee income totaled ARS 71.1 billion, increasing 7.9% quarter-over-quarter [18] - Loan loss allowances decreased by 11.5%, aligning with the growth in the performing loan portfolio [20] Market Data and Key Metrics Changes - Private sector loans totaled ARS 5.5 trillion, increasing 26.5% quarter-over-quarter in real terms [24] - The bank's consolidated market share of private sector loans improved to 10.35% from 9.35% a year ago [29] - Total deposits reached ARS 8.5 trillion, increasing 30.9% quarter-over-quarter [30] Company Strategy and Development Direction - The company is focusing on digital channels for customer acquisition, which reached 83% by the end of September 2024 [10] - BBVA Argentina aims to sustain and expand its competitive position in the financial system through digital transformation [11] Management Comments on Operating Environment and Future Outlook - Management noted signs of economic recovery after a sharp contraction in the first half of 2024, with a forecasted GDP decline of 4% in 2024 followed by a 6% expansion in 2025 [8] - Inflation expectations have improved, with a projected year-end inflation rate of 125%, down from 211% in the same period of 2023 [8] Other Important Information - The capital ratio reached 22.2%, with capital excess over regulatory requirements at 172.4% [32] - The bank issued corporate bonds for ARS 24.5 billion at a face value, marking its first issuance since 2019 [37] Q&A Session Summary - No specific questions or answers were recorded during the Q&A session, as the operator concluded the presentation without further inquiries [39][40]
BBVA(BBAR) - 2024 Q2 - Quarterly Report
2024-10-18 18:58
BANCO BBVA ARGENTINA S.A. CONDENSED INTERIM FINANCIAL STATEMENTS FOR THE SIX-MONTH PERIOD ENDED JUNE 30, 2024 Banco BBVA Argentina S.A. TABLE OF CONTENTS Condensed Interim Financial Statements for the six-month period ended June 30, 2024, comparatively presented. Consolidated Condensed Statement of Financial Position Consolidated Condensed Statement of Income Consolidated Condensed Statement of Other Comprehensive Income Consolidated Condensed Statement of Changes in Shareholders' Equity Consolidated Conden ...
What Makes Banco BBVA (BBAR) a Strong Momentum Stock: Buy Now?
ZACKS· 2024-09-24 17:02
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...
Are Finance Stocks Lagging BBVA Banco Frances (BBAR) This Year?
ZACKS· 2024-09-23 14:47
The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Banco BBVA (BBAR) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.Banco BBVA is a member of our Finance group, which includes 859 different companies and ...
Here's Why Banco BBVA (BBAR) is a Great Momentum Stock to Buy
ZACKS· 2024-09-05 17:01
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...
BBVA(BBAR) - 2024 Q2 - Earnings Call Transcript
2024-08-22 17:03
Banco BBVA Argentina S.A. (NYSE:BBAR) Q2 2024 Earnings Conference Call August 22, 2024 11:00 AM ET Company Participants Belen Fourcade - Investor Relations Carmen Morillo Arroyo - CFO Ines Lanusse - IRO Operator Good morning, ladies and gentlemen, and thank you for waiting. At this time, we would like to welcome everyone to BBVA Argentina's Second Quarter 2024 Results Conference Call. We would like to inform you that, this event is being recorded, and all participants will in listen-only mode during the co ...
BBAR Stock Earnings: Banco BBVA Argentina Reported Results for Q2 2024
Investor Place· 2024-08-22 00:52
Banco BBVA Argentina (NYSE:BBAR) just reported results for the second quarter of 2024.Banco BBVA Argentina reported earnings per share of 61 cents.The company reported revenue of $766.78 million.InvestorPlace Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human inter ...
BBVA(BBAR) - 2024 Q1 - Earnings Call Transcript
2024-05-23 17:43
Banco BBVA Argentina S.A. (NYSE:BBAR) Q1 2024 Results Conference Call May 23, 2024 11:00 AM ET Company Participants Belén Fourcade - Investor Relations Ines Lanusse - IRO Carmen Morillo Arroyo - Chief Financial Officer Conference Call Participants Carlos Gomez - HSBC Operator Good morning, ladies and gentlemen, and thank you for waiting. At this time, we would like to welcome everyone to BBVA Argentina's First Quarter 2024 Results Conference Call. We would like to inform you that this event is being recorde ...
BBVA(BBAR) - 2023 Q3 - Quarterly Report
2024-04-17 22:24
BANCO BBVA ARGENTINA S.A. CONDENSED INTERIM FINANCIAL STATEMENTS FOR THE NINE-MONTH PERIOD ENDED SEPTEMBER 30, 2023 Banco BBVA Argentina S.A. TABLE OF CONTENTS Condensed Interim Financial Statements for the nine-month period ended September 30, 2023, comparatively presented. Consolidated Condensed Statement of Financial Position Consolidated Condensed Statement of Income Consolidated Condensed Statement of Other Comprehensive Income Consolidated Condensed Statement of Changes in Shareholders' Equity Consoli ...