Grupo Supervielle reports Q1 results
Grupo Supervielle reported a revenue of AR$206.9 billion for Q1 2025, experiencing a significant year-over-year decline of 56.6%.
The company's profit before income tax for Q1 2025 fell to AR$10.2 billion, down from AR$112.9 billion in Q1 2024 and reduced from AR$24.6 billion in the previous quarter.
The return on average assets (ROAA) decreased to 0.6% in Q1 2025, a sharp drop from 7.4% in Q1 2024 and lower than the 2.6% recorded in Q4 2024.
Recommendation Rating: Financial Overview of Grupo Supervielle
Grupo Supervielle (NYSE: SUPV) has released its financial results for the first quarter. The company reported a revenue of AR$206.9 billion, reflecting a significant decrease of 56.6% year-over-year.
In terms of profitability, Supervielle's profit before income tax for Q1 2025 stood at AR$10.2 billion, a stark contrast to AR$112.9 billion recorded in Q1 2024, and a decline from AR$24.6 billion in the previous quarter, Q4 2024.
Additionally, the return on average assets (ROAA) for the first quarter of 2025 was 0.6%, sharply down from 7.4% reported in Q1 2024, and lower than the 2.6% achieved in Q4 2024.