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BBVA Banco Frances Q2 net income increased by 44.6% year-on-year to ARS 131.6 billion, with a projected 10% real growth in the loan book by 2026.
BBVA Banco Frances of Argentina reported its Q2 2026 earnings, with inflation-adjusted net income increasing by 44.6% quarter-on-quarter to ARS 131.6 billion. Return on equity improved from 8.3% in Q1 to 12.2%. The bank expects its loan book to achieve approximately 10% real growth in 2026, primarily supported by mortgages, auto loans, commercial loans, and foreign currency loans. Although the non-performing loan ratio rose to 6.09%, management anticipates it will stabilize by year-end and decrease to 5.5%.
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