Table of Contents As filed with the Securities and Exchange Commission on April 17, 2024 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURS ...

Banco BBVA Argentina S.A. SPON ADS EACH REP 3 ORD SHS (NYSE:BBAR) Q4 2023 Earnings Conference Call March 6, 2024 10:00 AM ET Company Participants Belen Fourcade - IR Ines Lanusse - Investor Relations Officer Conference Call Participants Walter Chiarvesio - Santander Operator Good morning, ladies and gentlemen, and thank you for waiting. At this time, we would like to welcome everyone to BBVA Argentina's Fourth Quarter and Fiscal Year 2023 Results Conference Call. We would like to inform you that this event ...

BBVA Argentina 4Q23 & 2023 Conference Call Buenos Aires –March6, 2024 BBVA ArgentinaWebcastPresentation 1 SafeHarbourStatement Thispressreleasecontainscertainforward-lookingstatementsthatreflectthecurrentviewsand/orexpectationsofBancoBBVAArgentinaanditsmanagementwithrespecttoitsperformance,businessandfutureevents.Weusewordssuchas “believe,”“anticipate,”“plan,”“expect,”“intend,”“target,”“estimate,”“project,”“predict,”“forecast,”“guideline,”“seek,”“future,”“should”andothersimilarexpressionstoidentifyforward-l ...

BBVA BANCO BBVA ARGENTINA S.A. CONDENSED INTERIM FINANCIAL STATEMENTS FOR THE SIX-MONTH PERIOD ENDED JUNE 30, 2023 Banco BBVA Argentina S.A. TABLE OF CONTENTS Condensed Interim Financial Statements for the six-month period ended June 30, 2023, comparatively presented. condensed interim financial statements Supervisory Committee's Report | --- | |---------------------------------------------------------------------------------------------------------------------------| | | | Consolidated Condensed Statement ...

Financial Data and Key Metrics Changes - BBVA Argentina's net income for Q3 2023 was ARS 9.9 billion, a decrease of 75.9% quarter-over-quarter, resulting in a quarterly ROE of 5.1% and a quarterly ROA of 0.9% [8][10] - Operating income in Q3 2023 was ARS 167.3 billion, down 1% from ARS 169 billion in Q2 2023 [8][9] - Net interest income for Q3 2023 was ARS 270.2 billion, an increase of 8.1% quarter-over-quarter [11] - Interest income totaled ARS 586.9 billion, up 17.3% compared to Q2 2023, while interest expenses increased by 26.5% to ARS 316.6 billion [12] Business Line Data and Key Metrics Changes - Retail digital sales reached 93.8% in Q3 2023, representing 72.7% of total sales in monetary value [7] - New customer acquisition through digital channels was 66% in Q3 2023, down from 72% in Q3 2022 [7] - Loan loss allowances decreased by 48.4% due to the release of provisions related to credit cards [14] Market Data and Key Metrics Changes - Private sector loans totaled ARS 1.4 trillion, decreasing 4.8% quarter-over-quarter [17] - Loans to the private sector in pesos fell by 5.3% in Q3 2023, driven by a 9.4% decline in credit cards [17] - BBVA Argentina's market share of private sector loans improved to 9.35% from 8.47% a year ago [18] Company Strategy and Development Direction - The bank aims to increase market share aggressively, particularly in personal loans, despite the challenging economic environment [25] - The strategy focuses on gaining franchise and market share, with a commitment to grow more than the system [25] Management's Comments on Operating Environment and Future Outlook - The management noted that inflation increased from 23.8% in Q2 2023 to 34.8% in Q3 2023, impacting results significantly [10] - The bank expects GDP to contract by 4% in 2024, with inflation projected to be around 155% [6][37] - Management believes that the current inflationary pressures can be mitigated in the fourth quarter of 2023 [23] Other Important Information - The bank's total liquidity ratio remained healthy at 76.6% of total deposits as of September 30, 2023 [19] - The efficiency ratio for Q3 2023 was 82.4%, up from 52% in Q2 2023, indicating higher expenses relative to income [16] Q&A Session Summary Question: Impact of inflation on results - Management acknowledged that inflation was higher in Q3 compared to Q2, affecting equity protection and costs [22][23] Question: Market share increase in loans - Management confirmed that the increase in market share from 8.5% to 9.4% was a strategic decision to grow aggressively in a contracting market [24][25] Question: Increase in checking accounts - The increase in checking accounts was attributed to the bank's strategy to increase wholesale deposits for opportunistic placements [28] Question: Dollarization impact - Management does not foresee dollarization as a possibility in the near term and emphasized the bank's strategies to protect equity against inflation [34][35] Question: Inflation outlook - Management projected year-end inflation around 200% for 2023 and 155% for 2024, with expectations of higher inflation in early 2024 [37]

BBVA Argentina 3Q23 Conference Call Buenos Aires –November22, 2023 BBVA ArgentinaWebcastPresentation 1 SafeHarbourStatement Thispressreleasecontainscertainforward-lookingstatementsthatreflectthecurrentviewsand/orexpectationsofBancoBBVAArgentinaanditsmanagementwithrespecttoitsperformance,businessandfutureevents.Weusewordssuchas “believe,”“anticipate,”“plan,”“expect,”“intend,”“target,”“estimate,”“project,”“predict,”“forecast,”“guideline,”“seek,”“future,”“should”andothersimilarexpressionstoidentifyforward-look ...

Banco BBVA Argentina S.A. (NYSE:BBAR) Q2 2023 Results Conference Call August 24, 2023 11:00 AM ET Company Participants Carmen Arroyo - CFO Inés Lanusse - Investor Relations Officer Belén Fourcade - Investor Relations 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 Second Quarter 2023 Fiscal Year Results Conference Call. We would like to inform you that this event is be ...

Financial Performance - Net interest income for the three-month period ended March 31, 2023, was ARS 131,189,349, an increase of 63.6% compared to ARS 80,142,999 for the same period in 2022 [10]. - Net income for the period attributable to owners of the Parent was ARS 15,028,818, up from ARS 8,553,149 in the prior year, reflecting a growth of 75.1% [13]. - Basic earnings per share for the period was ARS 24.5284, compared to ARS 13.9595 in the same period last year, indicating an increase of 75.8% [13]. - Operating income for the period was ARS 78,757,166, an increase of 55.5% compared to ARS 50,590,562 in the prior year [10]. - The bank's net income before income tax for the period was ARS 21,901,049, compared to ARS 11,781,759 in the previous year, indicating an increase of 86.5% [10]. - Total comprehensive income for the period was ARS 14,375,137 thousand, compared to ARS 10,947,680 thousand in the same period last year, reflecting a growth of about 31.9% [16]. - The total comprehensive income attributable to owners of the Parent was ARS 14,384,644 thousand, compared to ARS 11,259,042 thousand in the previous year, reflecting an increase of approximately 28.8% [16]. Assets and Liabilities - Total assets as of March 31, 2023, amounted to ARS 2,359,830,386, a decrease from ARS 2,384,537,160 as of December 31, 2022, representing a decline of approximately 1.04% [4]. - Total liabilities as of March 31, 2023, were ARS 1,900,056,628, a decrease from ARS 1,939,138,539 as of December 31, 2022, representing a decline of approximately 2.02% [7]. - The bank's total equity as of March 31, 2023, was ARS 459,773,758, an increase from ARS 445,398,621 as of December 31, 2022, representing a growth of approximately 3.2% [7]. - The total balance of derivative instruments as of March 31, 2023, was ARS 1,125,946, with assets linked to foreign currency forwards and interest rate swaps contributing to this total [86]. - The total amount of corporate bonds held was $4,872,948 as of March 31, 2023, slightly up from $4,605,356 as of December 31, 2022 [108]. Cash Flows - Cash flows from operating activities generated ARS 85,887,635 thousand, a substantial improvement compared to a cash outflow of ARS (31,188,125) thousand in the same period last year [26]. - Total cash flows used in investing activities decreased from (2,622,559) thousand ARS in 2022 to (2,286,210) thousand ARS in 2023, a reduction of approximately 12.8% [28]. - Total cash flows used in financing activities increased significantly from (3,835,511) thousand ARS in 2022 to (5,977,185) thousand ARS in 2023, an increase of approximately 55.9% [28]. - The total changes in cash flows improved from (111,267,354) thousand ARS in 2022 to 13,436,680 thousand ARS in 2023, marking a significant turnaround [28]. - Cash and cash equivalents at fiscal period-end decreased from 406,485,507 thousand ARS in 2022 to 374,120,128 thousand ARS in 2023, a decline of approximately 8% [28]. Economic Context - The inflation rate for the three-month period ended March 31, 2023 was 21.73%, compared to 16.07% for the same period in 2022, indicating rising inflation pressures [47]. - The year-end inflation rate for 2022 was reported at 94.79%, reflecting ongoing economic challenges [47]. - BBVA Argentina operates in a complex economic context with a year-over-year inflation rate of 104.3% as of March 31, 2023, impacting financial stability [32]. - The bank's management is actively monitoring macroeconomic conditions to assess potential impacts on equity and financial position [36]. Taxation - The current income tax expense for the period ended March 31, 2023, was $(9,647,035), a significant increase compared to $(396,144) for the same period in 2022 [114]. - The effective tax rate for the Group was 31% for the period ended March 31, 2023, compared to 30% for the same period in 2022 [114]. - The total income tax recognized through profit or loss for the period was $(6,881,728), up from $(3,539,972) in the previous year [114]. - The inflation adjustment for tax purposes is applicable for fiscal years starting on or after January 1, 2018, if the general consumer price index variation exceeds 100% in the preceding 36 months [116]. - As of March 31, 2023, the parameters for applying the inflation adjustment for tax purposes were met, and the effects have been included in the current and deferred income tax bookings [118]. Investments and Financing - The total amount disbursed under the 2022/2023 quota reached $127,355,598, indicating strong engagement in financing productive investments [103]. - Guarantees granted increased significantly to $11,832,473 as of March 31, 2023, compared to $1,873,909 as of December 31, 2022, marking an increase of approximately 530% [99]. - The total amount of financing line for productive investments is aligned with BCRA requirements, indicating compliance and support for MSMEs [100]. Operational Expenses - Personnel benefits increased to $22,052,654 from $18,518,539, marking an increase of about 19.1% [185]. - Total administrative expenses rose to $23,979,559 from $19,438,240, representing an increase of approximately 23.2% [191]. - The company recorded a total of $20,291,557 in other operating expenses, up from $15,841,787, reflecting an increase of approximately 28.5% [192].

Financial Performance - Net interest income increased to ARS 339,439,957 in 2022, up from ARS 241,237,385 in 2021, reflecting a growth of about 40.7%[11] - Net income for the year attributable to owners of the Parent rose to ARS 58,814,985 in 2022, compared to ARS 41,263,736 in 2021, marking an increase of approximately 42.5%[12] - Basic earnings per share for 2022 were ARS 95.9915, compared to ARS 67.3463 in 2021, representing an increase of approximately 42.7%[13] - Income before income tax increased to 61,857,044 from 41,067,576, representing a growth of approximately 50.9% year-over-year[24] - Total comprehensive income for 2022 was 49,078,399 thousand pesos, compared to 42,349,737 thousand pesos in 2021, reflecting an increase of about 15.5%[16] Assets and Liabilities - Total assets decreased to ARS 1,958,836,856 as of December 31, 2022, from ARS 2,006,747,334 in 2021, representing a decline of approximately 2.4%[6] - Total liabilities decreased to ARS 1,592,952,888 in 2022 from ARS 1,689,990,471 in 2021, a reduction of about 5.7%[9] - Deposits amounted to ARS 1,313,820,228 as of December 31, 2022, down from ARS 1,379,790,010 in 2021, indicating a decrease of approximately 4.8%[9] - The bank's equity attributable to owners of the Parent increased to ARS 360,480,705 in 2022, up from ARS 310,510,876 in 2021, reflecting a growth of about 16.1%[9] - Total equity as of December 31, 2022, was ARS 365,883,968, up from ARS 316,756,863 in 2021, reflecting an increase of approximately 15.5%[9] Cash Flow - Total cash flows generated by operating activities were 110,475,964, a decrease from 227,347,138, indicating a decline of about 51.5%[24] - The entity's cash and cash equivalents at fiscal year-end were 296,292,314, down from 425,320,837, a decline of approximately 30.3%[27] - The year-end cash flow loss on net monetary position was (207,642,509), compared to (179,332,543) the previous year, indicating an increase of about 15.7%[27] Investments and Financial Instruments - The total balance of debt securities at fair value through profit or loss increased significantly to $25,519,962 from $2,721,113, marking a substantial growth[108] - The Group recognized a total of $2,268,201 in assets related to derivative instruments, down from $5,486,313 in the previous year, reflecting a decrease of 58.7%[112] - The Group's total investment in finance leases was $11,316,705 with a current value of minimum payments at $6,388,015 as of December 31, 2022, compared to $8,650,914 and $5,673,027 respectively in 2021[119] Taxation - Current income tax liabilities for the year ended December 31, 2022, were $8,108,398, significantly higher than $942,536 in 2021, indicating a substantial increase in tax obligations[136] - The income tax expense recognized through profit or loss for the fiscal year ended December 31, 2022, was $(3,922,673), compared to a benefit of $155,399 in 2021, reflecting a negative shift in tax position[143] - The net deferred tax liabilities decreased to $(5,171,411) in 2022 from $(14,283,599) in 2021, showing an improvement in the overall tax liability position[141] Economic Environment - The entity's management continues to monitor the macroeconomic situation, with inflation levels reaching 94.8% year-over-year[31] - The gap between the official U.S. dollar price and alternative values reached about 97% as of the date of the financial statements[31] - The inflation rate for the fiscal years ended December 31, 2022, and 2021 was 94.79% and 50.94%, respectively[43] Strategic Initiatives - The company plans to continue focusing on market expansion and new product development as part of its strategic initiatives moving forward[23] - The Group has assessed its ability to continue as a going concern and concluded it has the resources to operate for the foreseeable future[59] Financial Reporting - The financial reporting framework adjustments impacted the restated balances at the beginning of the year, reflecting the company's commitment to compliance and transparency[18] - The consolidated financial statements were prepared in thousands of Argentine pesos, reflecting purchasing power as of December 31, 2022[39] - The Board of Directors approved the financial statements on March 6, 2023[38] Credit Quality - The allowance for expected credit losses is recognized as a write-down of the asset carrying amount in the Statement of Financial Position for financial assets measured at amortized cost[69] - The allowance for loan losses decreased to $(20,889,723) in 2022 from $(26,595,184) in 2021, indicating an improvement in credit quality[121]

Financial Data and Key Metrics Changes - BBVA Argentina's net income for Q1 2023 was ARS 15 billion, a decrease of 27.8% quarter-over-quarter, resulting in a quarterly ROE of 13.7% and a quarterly ROA of 2.6% [7] - Operating income in Q1 2023 was ARS 78.8 billion, up 4.9% from ARS 75.1 billion in Q4 2022, primarily due to increased interest income [7][8] - Net interest income for Q1 2023 was ARS 131.2 billion, a 1.6% increase quarter-over-quarter, while interest expenses rose by 1.4% quarter-over-quarter [8] Business Line Data and Key Metrics Changes - Retail digital client penetration reached 62% by the end of March 2023, stable from a year ago, while retail mobile clients increased to 56% from 54% [6] - Retail digital sales increased from 82.7% in Q1 2022 to 92.5% in Q1 2023, representing 69.2% of total sales in monetary terms [7] - Loan loss allowance decreased by 8.6% in Q1 2023 due to good portfolio performance [9] Market Data and Key Metrics Changes - Private sector loans totaled ARS 75.3 billion in Q1 2023, down 2% quarter-over-quarter but up 3.7% year-over-year [10] - The bank's consolidated market share of private sector loans improved to 9.33% in Q1 2023 from 7.89% a year ago [11] - Private nonfinancial sector deposits totaled ARS 1.6 trillion, a slight decrease of 2.2% quarter-over-quarter, with a market share of 6.83% [12] Company Strategy and Development Direction - The bank emphasizes corporate responsibility, financial inclusion, and sustainability, aiming to maintain a competitive position in the financial system [5][6] - The focus on digital channels is evident, with significant increases in digital sales and customer acquisitions [6][7] Management's Comments on Operating Environment and Future Outlook - The management noted a challenging global context and local economic difficulties, with GDP expected to fall by 2.5% in 2023 [5] - High local inflation and financial volatility are significant concerns, impacting the bank's operations and future outlook [5] Other Important Information - The bank's capital ratio reached 27.9%, indicating strong solvency, while the total liquidity ratio remained healthy at 78.7% of total deposits [12] - The shareholders' meeting approved a distribution request of ARS 50.4 billion, reflecting the bank's commitment to shareholder returns [12] Q&A Session Summary - The Q&A session did not contain any specific questions or answers, as the conference concluded without further inquiries [13]