GGAL on Nasdaq

Galicia Financial Group

Logo: Galicia Financial Group - Grupo Galicia, Public domain, via Wikimedia Commons4

Argentine bank

Grupo Financiero Galicia S.A. is a financial services holding company based in Buenos Aires, and its banking operations are the fifth largest in Argentina, as well as the largest among all domestically owned private banks in the country.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 18, 2026.

Overview

1.6TNet income, fiscal 20245
1905Founded1

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  • TickerGGAL on Nasdaq1
  • Industryfinancial services1
  • HeadquartersBuenos Aires1
  • Websitewww.gfgsa.com/es
  • Incorporated inArgentina6
  • Business addressTte. Gral. Juan D. Peron 430, 25Th Floor, Buenos Aires, C1 Cp1038Aaj6
  • Filer categoryLarge accelerated filer6

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Torre Galicia
Photo: Gabwt2020, CC BY-SA 4.0, via Wikimedia Commons7

Grupo Financiero Galicia S.A. is a financial services holding company based in Buenos Aires, and its banking operations are the fifth largest in Argentina, as well as the largest among all domestically owned private banks in the country.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2024

26.8%Return on equity5

Financial statements

Operating income891011125$1.5T in 2024+6544% since 2017
0$500.0B$1.0T$1.5T2017: $22.5B$22.5B20172018: $7.1B$7.1B2018−69%2019: $82.5B$82.5B2019+1068%2020: $136.5B$136.5B2020+65%2021: $288.9B$288.9B2021+112%2022: $447.4B$447.4B2022+55%2023: $1.2T$1.2T2023+163%2024: $1.5T$1.5T2024+27%
Net income891011125$1.6T in 2024+14411% since 2017
-$500.0B0$500.0B$1.0T$1.5T$2.0T2017: $11.2B$11.2B20172018: -$8.0B-$8.0B20182019: $48.9B$48.9B20192020: $75.0B$75.0B2020+53%2021: $188.6B$188.6B2021+151%2022: $329.4B$329.4B2022+75%2023: $734.2B$734.2B2023+123%2024: $1.6T$1.6T2024+121%

Every line of the income statement as filed: the last 3 fiscal years, latest first.13

Period ending2025-12-312024-12-312023-12-31
Interest Income9.5T ARS10.8T ARS13.6T ARS
Interest Expense-3.9T ARS-4.1T ARS-8.7T ARS
Net Income from Interest5.6T ARS6.8T ARS4.9T ARS
Fee Income2.0T ARS1.7T ARS1.6T ARS
Fee related Expenses-273.6B ARS-236.0B ARS-215.7B ARS
Net Fee Income1.7T ARS1.4T ARS1.4T ARS
Net Income from Financial Instruments Measured at Fair Value through Profit or Loss787.9B ARS1.1T ARS784.6B ARS
Income from Derecognition of Assets Measured at Amortized Cost12.1B ARS270.1B ARS120.6B ARS
Exchange rate differences on foreign currency250.6B ARS203.7B ARS1.8T ARS
Other Operating Income882.6B ARS642.5B ARS1.1T ARS
Insurance Business Result60.8B ARS21.1B ARS104.1B ARS
Impairment Charge-2.9T ARS-1.1T ARS-546.2B ARS
Net Operating Income6.4T ARS9.4T ARS9.6T ARS
Personnel Expenses-1.2T ARS-1.4T ARS-1.0T ARS
Administrative Expenses-1.2T ARS-991.9B ARS-845.7B ARS
Depreciation Expenses-304.6B ARS-247.4B ARS-241.4B ARS
Other Operating Expenses-1.8T ARS-1.7T ARS-1.6T ARS
Loss on net monetary position-1.5T ARS-3.1T ARS-4.3T ARS
Operating Income299.1B ARS2.0T ARS1.5T ARS
Share of profit from Associates and Joint Ventures4.8B ARS924.3B ARS8.4B ARS
Income before Taxes from Continuing Operations303.9B ARS2.9T ARS1.6T ARS
Income Tax from Continuing Operations-91.2B ARS-771.7B ARS-589.7B ARS
Net Income from Continuing Operations212.6B ARS2.1T ARS965.9B ARS
Net Income for the Year212.6B ARS2.1T ARS965.9B ARS
Net Income for the Year Attributable to parent companys owners212.5B ARS2.1T ARS965.9B ARS
Net Income for the Year Attributable to Non-controlling Interests88.3M ARS-177.9M ARS-7.2M ARS
Net Income Attributable to parent companys owners212.5B ARS2.1T ARS965.9B ARS
Net Income Attributable to parent companys owners Adjusted by dilution effects212.5B ARS2.1T ARS965.9B ARS
Weighted-Average of Ordinary Shares Outstanding for the Year (in shares)1.6B shares1.5B shares1.5B shares
Diluted Weighted-Average of Ordinary Shares Outstanding for the Year (in shares)1.6B shares1.5B shares1.5B shares
Basic Earnings per Share (in ars per share)132.48 ARS1,426.39 ARS654.97 ARS
Diluted Earnings per Share (in ars per shares)132.48 ARS1,426.39 ARS654.97 ARS

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Leadership

Who has led Galicia Financial Group, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Fabian Enrique Kon2026–now

Chief financial officer

  1. Gonazalo Javier Fernandez Covaro2026–now
197019801990200020102020
Board members and other officers (13)

Products and brands

  • retail banking

Listed on Wikidata.1

Subsidiaries and ownership

Also owns

From Wikidata.1

Timeline

  1. Mar 31, 2026New chief executive Fabian Enrique Kon becomes CEO15
  2. Jul 25, 2000Went public Listed on NASDAQ1
  3. 1905Founded Founded1

Filings

203 filings to the SEC since October 2021: 5 annual reports, 18 insider forms, 180 other. The latest 20:

  1. Oct 5, 20264 EDGAR
  2. Sep 14, 20266-K EDGAR
  3. Sep 10, 20266-K EDGAR
  4. Sep 2, 20266-K EDGAR
  5. Sep 2, 20266-K EDGAR
  6. Aug 25, 20266-K EDGAR
  7. Jul 29, 20266-K EDGAR
  8. Jul 29, 20266-K EDGAR
  9. Jul 13, 20264 EDGAR
  10. Jul 9, 20264 EDGAR
  11. Jul 2, 20266-K EDGAR
  12. Jul 2, 20266-K EDGAR
  13. Jun 30, 20266-K EDGAR
  14. Jun 30, 20266-K EDGAR
  15. May 13, 20266-K EDGAR
  16. May 6, 20266-K EDGAR
  17. Apr 30, 20266-K EDGAR
  18. Apr 30, 20266-K EDGAR
  19. Apr 29, 20266-K EDGAR
  20. Apr 17, 20266-K EDGAR

The 203 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last three years, summarized. The full record is on SEC EDGAR.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Westwood Global Investments, LLC5,576,146$279.0M9.8%+173,111
Aquamarine Financial (Cayman) Ltd3,515,564$175.9M9.7%+1,154,582
Mak Capital One LLC1,485,875$74.3M10.4%+56,800
PointState Capital LP1,399,000$70.0M1.2%+102,247
Carrhae Capital LLP1,360,220$68.1M4.5%New
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.1,117,945$55.9M0.1%+56,711
INCA Investments LLC1,065,491$53.3M15.1%+125,435
Discovery Capital Management, LLC / Ct917,929$45.9M1.9%+48,800
Morgan Stanley880,638$44.1M0.0%−520,730
Driehaus Capital Management LLC860,111$43.0M0.2%−207,098
RWC Asset Management LLP853,445$42.7M1.8%+105,569
Ping Capital Management, Inc.832,400$41.6M13.5%+311,900
Millennium Management LLC676,400$33.8M0.0%+355,041
Sagil Capital LLP658,626$33.0M16.1%+426,668
Kora Management LP657,333$32.9M3.9%No change
Route One Investment Company, L.P.579,350$29.0M1.2%No change
Citadel Advisors LLC497,889$24.9M0.0%+255,934
Nomura Asset Management International Inc.472,923$23.7M0.0%+423,200
Long Focus Capital Management, LLC456,000$22.8M0.9%−50,000
TT International Asset Management LTD430,323$21.5M2.7%−411,535
Citigroup Inc373,624$18.7M0.0%−184,594
Jpmorgan Chase & Co330,941$16.8M0.0%−41,675
Fourth Sail Capital LP319,247$16.0M2.4%New
Moerus Capital Management LLC246,487$12.3M5.5%+71,389
UBS Group AG245,915$12.3M0.0%−456,419

13F reports cover disclosed long positions in U.S. stocks only.

Sources

The numbers on this page point here. Each one links to the record it came from.

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