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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 Its shares trade on Nasdaq under the symbol GGAL.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 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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Corporate structure

Galicia Financial Group sits at the top of its group. 3 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Galicia Financial Group

  • HSBC Filed SCHEDULE 13G/A on Galicia Financial Group, latest Jun 20, 2025 (2 filings since Dec 10, 2024)
  • Galicia Financial Group Buenos Aires

Built from subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Galicia Financial Group reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net995.5B ARS5 Dec 31, 2024773.6B ARS5 Dec 31, 2023+28.7%
Operating-lease assets (leased space)56.4B ARS5 Dec 31, 202438.7B ARS5 Dec 31, 2023+45.6%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents7.4T ARS5 Dec 31, 20247.1T ARS5 Dec 31, 2023+4.1%

Intangibles and goodwill

ItemLatestA year beforeChange
Intangible assets, net (excluding goodwill)304.5B ARS5 Dec 31, 2024269.2B ARS5 Dec 31, 2023+13.1%

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

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

Calendar

Coming up

  1. Nov 24, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.08 a share, on Nov 25, 2025.30

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

205 filings to the SEC since October 2021: 5 annual reports, 18 insider forms, 2 large holders, 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 205 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

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

Insider trades

7 open-market trades by officers, directors and large owners since October 2021: 7 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jul 8, 2026Moret Silvestre VilaDirectorBuy224,000$5.36$1.2MForm 4
Jul 7, 2026Moret Silvestre VilaDirectorBuy175,824$5.46$960.0KForm 4
Jul 7, 2026Moret Silvestre VilaDirectorBuy176$5.46$961Form 4
Jul 1, 2026Moret Silvestre VilaDirectorBuy100,000$5.11$511.0KForm 4
Jun 30, 2026Moret Silvestre VilaDirectorBuy167,791$5.27$884.3KForm 4
Jun 29, 2026Moret Silvestre VilaDirectorBuy10,000$5.25$52.5KForm 4
Jun 26, 2026Moret Silvestre VilaDirectorBuy125,000$5.15$643.8KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

  • HSBCSCHEDULE 13G/A, 2 filings Dec 10, 2024 to Jun 20, 202531

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.

SEC filer profile

How Galicia Financial Group is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARGRUPO FINANCIERO GALICIA SA2
  • CIK0001114700
  • Filer statusLarge accelerated filer not an emerging growth company; not a shell company32
  • Incorporated inArkansas32
  • Fiscal year endsDecember 312
  • Industry code (SIC)6029 Commercial Banks, NEC2
  • SEC reviewing officeOffice of Finance, Division of Corporation Finance2
  • Business addressTte. Gral. Juan D. Peron 430, 25Th Floor, Buenos Aires, C1 CP1038AAJ2
  • Phone01154114342
  • Shares outstanding281,221,650 Class A Ordinary Shares shares; 1,325,032,079 Class B Ordinary Shares shares as of Dec 31, 202532
  • AuditorPRICE WATERHOUSE & Co. S.R.L., Buenos Aires, Argentina PCAOB ID 1349; it also attests to the company’s internal control over financial reporting32
  • On EDGAR sinceFeb 12, 20012
  • Filings783 in all: 6-K (677), 20-F (25), 3 (15), UPLOAD (10), SC 13G (9), CORRESP (7), SC 13G/A (7), 20-F/A (4)2
    All 25 form types

    NT 20-F (4), 4 (3), 424B2 (3), 6-K/A (3), F-3ASR (3), 424B3 (2), 424B5 (1), EFFECT (1), F-3 (1), F-3/A (1), F-6 (1), F-6EF (1), F-N (1), NT 20-F/A (1), POS AM (1), POSASR (1), SCHEDULE 13G/A (1)

  • Latest filingsAnnual report (20-F) Apr 16, 2026

Securities registered for trading

ClassSymbolExchange
American Depositary Shares, each representing the right to receive ten ordinary shares, par value Ps.1.00 per share New York Stock ExchangeGGALNASDAQ
Ordinary sharesGGALNASDAQ

From the cover page of the 20-F filed Apr 16, 2026 (Section 12(b) of the Exchange Act).32

Sources

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