Grupo Supervielle reports Q2 results

Aug. 18, 2022 12:48 AM ETGrupo Supervielle S.A. (SUPV)By: Meghavi Singh, SA News Editor
  • Grupo Supervielle press release (NYSE:SUPV): Q2 net loss of AR$2.0B in 2Q22, compared to net losses of AR$521.5M in 2Q21 and AR$442.9M in 1Q22.
  • ROAE was negative 11.2% in 2Q22 compared with negative 2.8% in 2Q21 and negative 2.5% in 1Q22.
  • ROAA was negative 1.6% in 2Q22 compared to negative 0.4% in 2Q21 and 0.3% in 1Q22.
  • Common Equity Tier 1 Ratio as of June 30, 2022, was 13.6% declining 20 bps when compared to 1Q22 and 70-bps from June 30, 2021.
  • Efficiency ratio was 81.4% in 2Q22, compared to 75.1% in 2Q21 and 74.2% in 1Q22.

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