Banco BBVA Argentina S.A. (BBAR) Q4 2024 Earnings Call Transcript

Banco BBVA Argentina S.A. (NYSE:BBAR) Q4 2024 Earnings Conference Call March 6, 2025 10:00 AM ET

Company Participants

Belen Fourcade – Investor Relations Manager
Carmen Morillo Arroyo – Chief Financial Officer

Conference Call Participants

Carlos Gomez-Lopez – HSBC
Adriano Mariani – Sagil Capital

Operator

Good morning, everyone, and welcome to BBVA’s Argentina 4Q ’24 and Fiscal Year 2024 results conference call. Today with us are Mrs. Belen Fourcade, Investor Relations Manager; and Mrs. Carmen Morillo Arroyo, CFO, who will be available for the Q&A session. This presentation and the 4Q ’24 earnings release are available on our Investor Relations website ir.bbva.com.ir and will also be available for download in the chat.

First of all, let me point out that some of the statements made during this conference call may be forward-looking statements within the meaning of the Safe Harbor provision found in Section 27A of the Securities Act of 1933 under the U.S. Federal Securities Law. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements.

Additional information concerning these factors is contained in the BBVA Argentina Annual Report on Form 20-F for the Fiscal Year of 2023, filed with the U.S. Securities and Exchange Commission. During the conference presentation, all microphones will be disabled. At this time, we are going to open it up for questions and answers. [Operator Instructions]

I will now turn it over to Belen Fourcade. Please go ahead.

Belen Fourcade

Good morning, and thank you all for joining us today. The significant fiscal and monetary consolidation together with relative exchange rate stability, have contributed to a process of inflation moderation throughout 2024 in Argentina. Likewise, after a sharp contraction in the first-half of the year, there are clear signs of economic recovery which after an expected average