Grupo Supervielle SA Sponsored ADR Class B Stock News

BUENOS AIRES, Argentina--(BUSINESS WIRE)--Grupo Supervielle S.A. (NYSE: SUPV; BYMA: SUPV), (“Supervielle” or the “Company”) a universal financial services group headquartered in Argentina with a nationwide presence, today reported results for the three and nine-month period ended September 30, 2024. Starting 1Q20, the Company began reporting results applying Hyperinflation Accounting, in accord...

Argentinian bank stocks rallied post-election of Milei, then pulled back, presenting a buying opportunity. Grupo Supervielle offers a wide range of financial services with strong profitability metrics and a well-diversified loan portfolio. Milei's shock therapy and austerity cuts aim to strengthen the economy, benefiting banks like Grupo Supervielle.

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