NasdaqCM - Nasdaq Real Time Price USD

Grupo Financiero Galicia S.A. (GGAL)

29.49

+0.42

(+1.44%)

At close: April 25 at 4:00 PM EDT

EMERGING MARKETS-Mexico's peso lags Latam FX after inflation data

* Mexico headline inflation speeds up slightly in March * El Salvador launches tender offer for external debt due 2025-2029 * Grupo Financiero Galicia to buy HSBC business for $550 mln * Latam stocks up 1.0%, FX adds 0.5%. Mexico's headline inflation reached 4.42% in March, a modest increase from the 4.40% seen in February, although below the 4.50% expected by economists polled by Reuters. Meanwhile, core inflation, that excludes some volatile food and energy prices, continued to moderate, standing at 4.55% in March, a decrease from the previous month's 4.64%.

Reuters 16 days ago

^MXX

GGAL
+1.44%
HSBC Still Committed to U.S. After Taking $1 Billion Hit to Exit Argentina

HSBC stressed its commitment to the U.S., after striking the latest of several deals that will substantially reduce its presence in the Americas. Europe's largest bank by market value agreed to sell its business in Argentina for $550 million to Grupo Financiero Galicia, one of the Latin American country's biggest lenders. + HSBC expects to incur a roughly $1 billion hit to quarterly pretax profit.

The Wall Street Journal 16 days ago

HSBC

GGAL
+1.44%
ARSUSD=X
HSBC to Sell Argentina Business in Latest Market Exit

HSBC Holdings is selling its Argentina business for over half a billion dollars, the bank’s latest exit from markets that are no longer core to its business strategy.

The Wall Street Journal 17 days ago

HSBC

GGAL
+1.44%
HSBC takes $1 billion hit from Argentina sale as Asia pivot continues

LONDON (Reuters) -HSBC is selling its business in Argentina and booking a $1 billion loss on the deal, the bank said on Tuesday, as it continues to shrink its once globe-spanning empire to focus on Asia. HSBC is selling the business, which covers banking, asset management and insurance, to Argentina's fifth largest bank Grupo Financiero Galicia for $550 million, the British bank said. HSBC CEO Noel Quinn has sought to simplify the sprawling lender to improve performance by exiting several markets in which it has under-performed, including France and Canada.

Reuters 17 days ago

HSBC

GGAL
+1.44%
Is Grupo Financiero Galicia (GGAL) Stock Outpacing Its Finance Peers This Year?

Here is how Grupo Financiero Galicia (GGAL) and First Internet Bancorp (INBK) have performed compared to their sector so far this year.

Zacks 2 months ago

GGAL
+1.44%
INBK
Argentina elected chainsaw-toting ‘king of the jungle’ Janvier Milei president — these are the companies to watch ahead of the coming economic ‘shock'

The far-right leader is on a mission to prevent “the worst crisis" in the country's history.

Moneywise 4 months ago

MELI

GGAL
+1.44%
GRFGF
Why Stocks in Argentina Are Flying Today

After initially surging last week on the news that libertarian candidate Javier Milei had on Nov. 19 been elected president of Argentina, shares of Argentine banks Grupo Financiero Galicia (NASDAQ: GGAL), Grupo Supervielle (NYSE: SUPV), and Banco Macro (NYSE: BMA) all gave back some ground before the Thanksgiving holiday in the U.S. Does the election of one politician really justify such massive run-ups?

Motley Fool 4 months ago

GGAL
+1.44%
Unveiling Grupo Financiero Galicia SA's Dividend Performance and Sustainability

Grupo Financiero Galicia SA (NASDAQ:GGAL) recently announced a dividend of $0.12 per share, payable on 2023-10-02, with the ex-dividend date set for 2023-09-22. As investors eagerly anticipate this upcoming payment, it's crucial to evaluate the company's dividend history, yield, and growth rates. Using data from GuruFocus, we delve into Grupo Financiero Galicia SA's dividend performance and assess its sustainability.

GuruFocus.com 6 months ago

GGAL
+1.44%

Performance Overview

Return	GGAL	MERVAL
YTD	+70.76%	+33.93%
1-Year	+171.62%	+315.85%
3-Year	+371.52%	+2,528.30%

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Grupo Financiero Galicia S.A. (GGAL)

EMERGING MARKETS-Mexico's peso lags Latam FX after inflation data

HSBC Still Committed to U.S. After Taking $1 Billion Hit to Exit Argentina

HSBC to Sell Argentina Business in Latest Market Exit

HSBC takes $1 billion hit from Argentina sale as Asia pivot continues

Is Grupo Financiero Galicia (GGAL) Stock Outpacing Its Finance Peers This Year?

Argentina elected chainsaw-toting ‘king of the jungle’ Janvier Milei president — these are the companies to watch ahead of the coming economic ‘shock'

Why Stocks in Argentina Are Flying Today

Unveiling Grupo Financiero Galicia SA's Dividend Performance and Sustainability

Performance Overview