$GGAL
GRUPO FINANCIERO GALICIA SA
CIK:0001114700|SEC Filings
CONSOLIDATED STATEMENT OF INCOME - ARS ($) shares in Thousands, $ in Thousands |
12 Months Ended | ||||
|---|---|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
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| Profit or loss [abstract] | |||||
| Interest Income | $ 9,472,848,055 | $ 10,845,195,942 | $ 13,619,402,361 | ||
| Interest Expense | (3,877,496,285) | (4,070,681,275) | (8,670,181,083) | ||
| Net Income from Interest | 5,595,351,770 | 6,774,514,667 | 4,949,221,278 | ||
| Fee Income | 2,005,783,257 | 1,672,335,055 | 1,566,219,850 | ||
| Fee related Expenses | (273,632,913) | (236,000,777) | (215,733,846) | ||
| Net Fee Income | 1,732,150,344 | 1,436,334,278 | 1,350,486,004 | ||
| Net Income from Financial Instruments Measured at Fair Value through Profit or Loss | 787,913,420 | 1,140,476,332 | 784,622,129 | ||
| Income from Derecognition of Assets Measured at Amortized Cost | 12,137,043 | 270,115,476 | 120,622,084 | ||
| Exchange rate differences on foreign currency | 250,596,951 | 203,693,157 | 1,754,809,706 | ||
| Other Operating Income | 882,585,086 | 642,508,531 | 1,093,613,011 | ||
| Insurance Business Result | 60,818,239 | 21,086,417 | 104,110,212 | ||
| Impairment Charge | (2,947,227,349) | (1,135,001,964) | (546,240,196) | ||
| Net Operating Income | 6,374,325,504 | 9,353,726,894 | 9,611,244,228 | ||
| Personnel Expenses | (1,233,243,524) | (1,356,897,583) | (1,006,810,214) | ||
| Administrative Expenses | (1,210,424,932) | (991,912,371) | (845,715,610) | ||
| Depreciation Expenses | (304,585,252) | (247,400,451) | (241,428,954) | ||
| Other Operating Expenses | (1,815,475,947) | (1,657,523,030) | (1,620,151,723) | ||
| Loss on net monetary position | (1,511,508,497) | (3,137,295,161) | (4,349,995,302) | ||
| Operating Income | 299,087,352 | 1,962,698,298 | 1,547,142,425 | ||
| Share of profit from Associates and Joint Ventures | [1] | 4,764,265 | 924,264,958 | 8,393,403 | |
| Income before Taxes from Continuing Operations | 303,851,617 | 2,886,963,256 | 1,555,535,828 | ||
| Income Tax from Continuing Operations | (91,239,578) | (771,682,938) | (589,661,660) | ||
| Net Income from Continuing Operations | 212,612,039 | 2,115,280,318 | 965,874,168 | ||
| Net Income for the Year | 212,612,039 | 2,115,280,318 | 965,874,168 | ||
| Net Income for the Year Attributable to parent company´s owners | 212,523,704 | 2,115,458,228 | 965,881,373 | ||
| Net Income for the Year Attributable to Non-controlling Interests | 88,335 | (177,910) | (7,205) | ||
| Earnings per Share | |||||
| Net Income Attributable to parent company´s owners | 212,523,704 | 2,115,458,228 | 965,881,373 | ||
| Net Income Attributable to parent company´s owners Adjusted by dilution effects | $ 212,523,704 | $ 2,115,458,228 | $ 965,881,373 | ||
| Weighted-Average of Ordinary Shares Outstanding for the Year (in shares) | 1,604,164 | 1,483,089 | 1,474,692 | ||
| Diluted Weighted-Average of Ordinary Shares Outstanding for the Year (in shares) | 1,604,164 | 1,483,089 | 1,474,692 | ||
| Basic Earnings per Share (in ars per share) | $ 132.48 | $ 1,426.39 | $ 654.97 | ||
| Diluted Earnings per Share (in ars per shares) | $ 132.48 | $ 1,426.39 | $ 654.97 | ||
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CONSOLIDATED STATEMENT OF CASH FLOWS - ARS ($) $ in Thousands |
12 Months Ended | ||||||||
|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
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| CASH FLOWS FROM OPERATING ACTIVITIES | |||||||||
| Income before Taxes from Continuing Operations | $ 303,851,617 | $ 2,886,963,256 | $ 1,555,535,828 | ||||||
| Adjustment to Obtain the Operating Activities Flows: | |||||||||
| Impairment Charge | 2,947,227,349 | 1,135,001,964 | 546,240,196 | ||||||
| Depreciation Expenses | 304,585,252 | 247,400,451 | 241,428,954 | ||||||
| Loss on Net Monetary Position | 1,511,508,497 | 3,137,295,161 | 4,349,995,302 | ||||||
| Exchange rate differences on foreign currency | (250,596,951) | (203,693,157) | (1,754,809,706) | ||||||
| Other Operations | 981,783,009 | 2,317,945,911 | 3,773,063,388 | ||||||
| Net (Increases)/Decreases from Operating Assets: | |||||||||
| Debt securities measured at fair value through profit or loss | 396,685,941 | (345,306,889) | (996,042,129) | ||||||
| Derivative Financial Instruments | (50,390,961) | 95,620,284 | (71,408,149) | ||||||
| Repurchase Transactions | (876,059,957) | 732,276,503 | 43,489,660 | ||||||
| Other Financial Assets | 1,566,760,674 | (1,763,802,313) | 35,066,557 | ||||||
| Loans and Other Financing | |||||||||
| Non-financial Public Sector | (6,089,556) | (9,277,716) | 8,880,050 | ||||||
| Other Financial Institutions | (24,897,042) | 255,630,895 | (160,547,763) | ||||||
| Non-financial Private Sector and Residents Abroad | (10,904,408,292) | (11,102,196,994) | 1,674,977,083 | ||||||
| Other Debt Securities | 6,365,840 | (376,031,915) | (2,247,264,697) | ||||||
| Financial Assets Pledged as Collateral | 452,981,587 | (716,469,086) | 120,608,600 | ||||||
| Investments in Equity Instruments | (69,034,521) | (33,697,638) | (10,542,085) | ||||||
| Other Non-financial Assets | (27,540,761) | (195,731,970) | (97,991,916) | ||||||
| Non-current Assets Held for Sale | 9,544,085 | (18,893,583) | (203,459) | ||||||
| Deposits | |||||||||
| Non-financial Public Sector | 22,614,309 | 183,674,958 | (182,536,722) | ||||||
| Financial Sector | 43,793,114 | (6,656,580) | 1,699,593 | ||||||
| Non-financial Private Sector and Residents Abroad | 3,089,301,303 | 7,985,400,906 | (2,576,398,895) | ||||||
| Liabilities at fair value through profit or loss | 42,596,425 | (129,910,951) | 141,059,796 | ||||||
| Derivative Financial Instruments | 8,247,856 | (24,967,013) | 19,947,003 | ||||||
| Other Financial Liabilities | (359,445,767) | 547,571,281 | 554,167,088 | ||||||
| Provisions | (402,346,398) | 463,309,421 | (33,078,106) | ||||||
| Other Non-financial Liabilities | 32,143,685 | 743,766,693 | 216,592,489 | ||||||
| Income Tax Payments | (354,602,764) | (1,197,355,407) | (375,688,570) | ||||||
| NET CASH (USED IN) / GENERATED BY OPERATING ACTIVITIES (A) | (1,605,422,427) | 4,607,866,472 | 4,776,239,390 | ||||||
| Payments: | |||||||||
| Purchase of PP&E and Intangible Assets | [1] | (245,914,779) | (282,439,785) | (212,037,487) | |||||
| Capital Contributions and purchase of shares in Investments in Subsidiaries, Associates, and Joint Ventures | (2,738,004) | (4,316,833) | (7,220,804) | ||||||
| Payments for business combinations | 0 | 0 | (31,940,399) | ||||||
| Collections: | |||||||||
| Sale of PP&E and Intangible Assets | 22,095,254 | 8,858,772 | 13,794,728 | ||||||
| Dividends earned | 3,628,397 | 5,941,083 | 2,907,843 | ||||||
| Purchase of HSBC Argentina Holdings S.A. and subsidiaries net of cash acquired | [2] | 0 | 1,410,089,065 | 0 | |||||
| NET CASH (USED IN) / GENERATED BY INVESTMENT ACTIVITIES (B) | (222,929,132) | 1,138,132,302 | (234,496,119) | ||||||
| Payments: | |||||||||
| Debt Securities | (941,317,483) | (280,207,265) | (450,289,950) | ||||||
| Loans from Local Financial Institutions | (2,009,391,569) | (1,106,251,456) | (961,743,051) | ||||||
| Dividends paid | [3] | (329,134,222) | (808,950,547) | (513,563,451) | |||||
| Lease payments | (34,285,087) | (17,120,087) | (18,256,119) | ||||||
| Transaction costs related to issuance of shares | 0 | (1,288,200) | 0 | ||||||
| Collections: | |||||||||
| Capital increase, net of issuance costs | 126,047,404 | 0 | 0 | ||||||
| Debt Securities | 1,704,506,242 | 1,413,380,966 | 214,908,474 | ||||||
| Loans from Local Financial Institutions | 2,357,372,699 | 1,344,423,293 | 1,070,749,493 | ||||||
| NET CASH GENERATED BY / (USED IN) FINANCING ACTIVITIES (C) | 873,797,984 | 543,986,704 | (658,194,604) | ||||||
| EFFECTS OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS (D) | 3,779,294,802 | 1,619,765,340 | 2,962,145,520 | ||||||
| NET INCREASE IN CASH AND CASH EQUIVALENTS (A+B+C+D) | 2,824,741,227 | 7,909,750,818 | 6,845,694,187 | ||||||
| MONETARY LOSS RELATED TO CASH AND CASH EQUIVALENTS | (2,295,345,843) | (7,526,498,649) | (9,321,387,609) | ||||||
| CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE YEAR | 9,743,047,871 | 9,359,795,702 | 11,835,489,124 | ||||||
| CASH AND CASH EQUIVALENTS AT END OF THE YEAR | $ 10,272,443,255 | $ 9,743,047,871 | $ 9,359,795,702 | ||||||
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