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Grupo Supervielle reports Q1 results

May 22, 2023 5:26 PM ETGrupo Supervielle S.A. (SUPV)By: Pranav Ghumatkar, SA News Editor
  • Grupo Supervielle press release (NYSE:SUPV): Q1 Net Income of AR$557.5 million in 1Q23, compared to net losses of AR$545.2 million in 1Q22 and AR$963.6 million in 4Q22.
  • ROAE was 2.0% in 1Q23 compared with negative 1.8% in 1Q22 and negative 3.4% in 4Q22.
  • ROAA was 0.3% in 1Q23 compared to negative 0.2% in 1Q22 and negative 0.5% in 4Q22.
  • Net Financial Income of AR$32.5 billion in 1Q23 decreasing 0.7% QoQ and 1.1% YoY

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