BUENOS AIRES, Argentina, May 7, 2015 /PRNewswire/ -- Banco Hipotecario S.A. (BCBA: BHIP) reports First Quarter 2015 results.
Highlights
Executive Summary
- Net income for the first quarter was Ps. 176.1 million, compared to Ps. 46.3 million and Ps. 202.4 million of last quarter and same quarter of previous year, respectively.
- Net financial margin for the quarter was Ps. 608.2 million, compared to Ps. 452.1 million of last quarter and Ps. 687.8 million of same quarter of last year.
- Net income from services for the quarter of Ps. 656.8 million increased 5.5% QoQ and 76.1% YoY.
- Loans to the private sector increased 0.1% in the quarter and 24.5% YoY.
- Deposits decreased 7.7% in the quarter and increased 28.3% YoY.
- NPL remained stable at 2.3% in the quarter. Coverage ratio was 97.4%.
- Equity ratio of 14.7% compared to 16.3% of previous year.
Contacts: |
|
Tomas Godino Brian Feldman Capital Markets Tel. (54-11) 4347- 5122/5782 |
Gabriel Blasi Chief Financial Officer Tel. (54-11) 4347-5759 |
Logo - http://photos.prnewswire.com/prnh/20060810/ARTH004LOGO
SOURCE Banco Hipotecario S.A.
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
440k+
Newsrooms &
Influencers
Newsrooms &
Influencers
9k+
Digital Media
Outlets
Digital Media
Outlets
270k+
Journalists
Opted In
Journalists
Opted In
Share this article