Core Insights - The banking industry is transitioning towards a fully digital experience, with traditional services likely to disappear within the next decade [1] Group 1: Traditional Banking Services - Traditional in-person bank branches are expected to undergo significant changes, with a shift towards digital tools replacing routine transactions [2] - New standalone bank branches are likely to be smaller and co-located in retail outlets, focusing on high-value interactions such as financial advice and business consultations [3] - Hybrid branch models are emerging, combining digital self-service kiosks with virtual consultations to enhance efficiency while maintaining human connection [4] Group 2: Cash and ATMs - The use of cash is declining, particularly for transactions under $25, indicating a shift towards cashless payments, although cash will remain important as a backup during emergencies [4][5] - While the number of ATMs may decrease, they are not expected to become entirely obsolete and will coexist with new payment options [5] - Digital payments and digital wallet usage are anticipated to continue increasing, with new payment methods evolving rather than existing ones becoming obsolete [6] Group 3: Personal Checks - Personal checks are predicted to become obsolete as person-to-person payment apps and online bill payments gain popularity, making checks redundant due to their slow and inconvenient nature [7]

Financial Performance - BBVA Argentina's Net Income decreased, reflected in declines in ROA and ROE [3] - Net Interest Income improved due to commercial efforts, with Financial Margin at AR$ 591.8 billion, up 11.4% YoY [5] - Operating Expenses remained stable, leading to an Efficiency Ratio of 56.5% [5] - Loan Loss Allowances increased to AR$ 144.5 billion due to loan book growth [5] Loan Portfolio & Asset Quality - Private Loans increased by 16.3% QoQ, outpacing the 6% inflation [10] - The bank experienced real growth in its loan portfolio due to higher commercial activity [7] Deposits & Capital - Private Deposits increased, leading to a higher market share [21] - Total Liquid Assets to Total Deposits ratio is 11.5% [25] - Capital ratio declined due to credit portfolio growth and dividend distribution [24] Digital Transformation - New Retail Customer Acquisition increased, with a 100 bps increase in digital acquisition compared to 2Q24 [29] - Digital & Mobile Active Clients grew by 7% YoY [29]