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Banco Patagonia SA
Previous close
$2,195.00
Day range
$2,115.00 - $2,300.00
Year range
$321.00 - $3,100.00
Market cap
1.96T ARS
Avg Volume
46.27K
P/E ratio
8.64
Dividend yield
5.25%
Primary exchange
BCBA
Market news
Financials
Income Statement
Revenue
Net income
(ARS) | Mar 2024info | Y/Y change |
---|---|---|
Revenue | 427.46B | 64.00% |
Operating expense | 379.45B | 76.86% |
Net income | 35.79B | 51.82% |
Net profit margin | 8.37 | -7.51% |
Earnings per share | — | — |
EBITDA | — | — |
Effective tax rate | 20.32% | — |
Balance Sheet
Total assets
Total liabilities
(ARS) | Mar 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 1.22T | 949.63% |
Total assets | 3.64T | 217.05% |
Total liabilities | 2.74T | 189.18% |
Total equity | 892.01B | — |
Shares outstanding | 719.15M | — |
Price to book | 1.77 | — |
Return on assets | 4.47% | — |
Return on capital | — | — |
Cash Flow
Net change in cash
(ARS) | Mar 2024info | Y/Y change |
---|---|---|
Net income | 35.79B | 51.82% |
Cash from operations | 662.00B | 525.29% |
Cash from investing | -1.58B | -2,233.09% |
Cash from financing | -774.35B | -855.28% |
Net change in cash | -300.76B | -2,681.32% |
Free cash flow | — | — |
About
Banco Patagonia is an Argentine commercial bank headquartered in Buenos Aires, and has 200 service points located in the main cities and capitals of the provinces of Argentina. The company operates in the individual, as well as small and medium-sized business banking segments, and has currently more than 775,000 clients.
Banco Patagonia provides various financial services, including personal banking, corporate banking, investments, insurance, and international banking.
Banco Patagonia was established as a brokerage house in 1976. The first group of shareholders included the brothers Jorge and Ricardo Stuart Milne and Emilio González Moreno. Following its entry into the auto loan sector in 1987, it became a commercial bank in 1988. Mildes grew with the 1996 acquisition of the newly privatized Banco de Río Negro, and was renamed after the latter province's region of Patagonia, in 2000.
Patagonia acquired the insolvent Banco Sudameris, in 2003. Absorbing Lloyds TSB's Argentine operations in 2004, it grew to become one of the 15 largest banks in Argentina and has branches in Brazil and Uruguay. Wikipedia
Founded
Sep 18, 1928
Website
Employees
2,892