BUENOS AIRES, Argentina (AP) — BUENOS AIRES, Argentina (AP) — Banco BBVA Argentina S.A. (BBAR) on Tuesday reported first-quarter net income of $55.3 million.
The bank, based in Buenos Aires, Argentina, said it had earnings of 27 cents per share.
The financial holding company posted revenue of $1.29 billion in the period. Its revenue net of interest expense was $836.9 million, topping Street forecasts.
Banco BBVA shares have decreased nearly 8% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $16.65, a decrease of 23% in the last 12 months.
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