Banco BBVA Argentina S.A. (NYSE:BBAR) Declares — Dividend of $0.51

Banco BBVA Argentina S.A. (NYSE:BBAR) declared a — dividend on Wednesday, July 24th, Wall Street Journal reports. Stockholders of record on Friday, August 2nd will be paid a dividend of 0.5134 per share by the bank on Friday, August 9th. The ex-dividend date is Friday, August 2nd. This is a boost from Banco BBVA Argentina’s previous — dividend of $0.11.

Banco BBVA Argentina Stock Up 7.2 %

Shares of BBAR opened at $9.18 on Thursday. Banco BBVA Argentina has a 52 week low of $3.78 and a 52 week high of $11.87. The company has a current ratio of 0.82, a quick ratio of 1.25 and a debt-to-equity ratio of 0.02. The business’s fifty day moving average price is $9.56 and its two-hundred day moving average price is $8.40.

Banco BBVA Argentina (NYSE:BBAR) last announced its quarterly earnings data on Wednesday, May 22nd. The bank reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.05). Banco BBVA Argentina had a return on equity of 10.04% and a net margin of 4.00%. The firm had revenue of $1.01 billion during the quarter, compared to analyst estimates of $684.47 million. As a group, equities analysts forecast that Banco BBVA Argentina will post 1.48 EPS for the current year.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Banco BBVA Argentina from a “buy” rating to a “hold” rating in a research report on Thursday, May 16th.

About Banco BBVA Argentina

Banco BBVA Argentina SA provides various banking products and services to individuals and companies in Argentina. It provides retail banking products and services, such as checking and savings accounts, time deposits, credit cards, consumer and pledge loans, mortgages, insurance, and investment products to individuals; and small and medium-sized companies products and services, including financing products, factoring, checking accounts, time deposits, transactional and payroll services, insurance, and investment products to private-sector companies.