BBVA Banco Frances S.A. Announces Dividend of $0.02 (NYSE:BBAR)

Key Points

• BBVA Banco Frances S.A. declared a dividend of $0.0221 per share, payable to shareholders on August 25th, which represents a stunning yield of 167.0%.
• The bank's stock is currently trading at $15.87, having a market capitalization of $3.24 billion and showing a price-to-earnings ratio of 9.28.
• BBVA Banco Frances reported earnings per share of $0.28 for the last quarter, exceeding the consensus estimate of $0.26, although revenue fell short of expectations at $667.94 million.

BBVA Banco Frances S.A. (NYSE:BBAR - Get Free Report) declared a dividend on Saturday, August 16th, investing.com reports. Shareholders of record on Tuesday, August 19th will be paid a dividend of 0.0221 per share by the bank on Monday, August 25th. This represents a yield of 167.0%. The ex-dividend date of this dividend is Monday, August 18th.

BBVA Banco Frances Stock Down 0.3%

NYSE BBAR opened at $15.87 on Friday. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.19. The company has a market cap of $3.24 billion, a price-to-earnings ratio of 9.28 and a beta of 1.18. The company has a 50 day moving average of $16.32 and a 200-day moving average of $18.43. BBVA Banco Frances has a 1-year low of $9.19 and a 1-year high of $25.01.

BBVA Banco Frances (NYSE:BBAR - Get Free Report) last announced its earnings results on Wednesday, May 21st. The bank reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.02. The company had revenue of $667.94 million during the quarter, compared to analyst estimates of $751.69 billion. BBVA Banco Frances had a net margin of 8.31% and a return on equity of 13.53%. On average, equities research analysts expect that BBVA Banco Frances will post 1.94 earnings per share for the current fiscal year.

BBVA Banco Frances Company Profile

Banco BBVA Argentina SA provides various banking products and services to individuals and companies in Argentina. The company provides retail banking products and services, such as checking and savings accounts, time deposits, credit cards financing, 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.

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