Grupo Supervielle reports Q4 results
- Grupo Supervielle press release (NYSE:SUPV): Q4 net loss of AR$791.6 million in 4Q22, compared to net losses of AR$1.8 billion in 4Q21 and AR$659.6 million in 3Q22.
- ROAE was negative 3.4% in 4Q22 compared with negative 7.0% in 4Q21 and negative 2.7% in 3Q22.
ROAA was negative 0.5% in 4Q22 compared to negative 1.0% in 4Q21 and negative 0.4% in 3Q22.
Net Interest Margin reached 21.6% compared to 18.3% in 4Q21 and remained stable from 22.0% in 3Q22.
The Coverage ratio was 135.9% as of December 31, 2022, 141.7% as of September 30, 2022, and 143.9% as of December 31, 2021.
Efficiency ratio was 91.9% in 4Q22, compared to 76.6% in 4Q21 and 73.1% in 3Q22.
Common Equity Tier 1 Ratio was 13.0%, a decline of 120 bps when compared to 3Q22 but increasing 30-bps from December 31, 2021.