Grupo Financiero Galicia S.A. (GGAL)
Pre-market:
| Previous close | 30.53 |
| Open | 30.77 |
| Bid | 29.06 x 500 |
| Ask | 29.11 x 500 |
| Day's range | 29.00 - 30.77 |
| 52-week range | 10.57 - 31.85 |
| Volume | |
| Avg. volume | 1,012,348 |
| Market cap | 5.429B |
| Beta (5Y monthly) | 1.82 |
| PE ratio (TTM) | 11.14 |
| EPS (TTM) | 2.61 |
| Earnings date | N/A |
| Forward dividend & yield | 0.59 (2.03%) |
| Ex-dividend date | 22 Sept 2023 |
| 1y target est | 28.83 |
- Reuters
EMERGING MARKETS-Mexico's peso lags Latam FX after inflation data
* Mexico headline inflation speeds up slightly in March * El Salvador launches tender offer for external debt due 2025-2029 * Grupo Financiero Galicia to buy HSBC business for $550 mln * Latam stocks up 1.0%, FX adds 0.5%. Mexico's headline inflation reached 4.42% in March, a modest increase from the 4.40% seen in February, although below the 4.50% expected by economists polled by Reuters. Meanwhile, core inflation, that excludes some volatile food and energy prices, continued to moderate, standing at 4.55% in March, a decrease from the previous month's 4.64%.
ReutersHSBC takes $1 billion hit from Argentina sale as Asia pivot continues
LONDON (Reuters) -HSBC is selling its business in Argentina and booking a $1 billion loss on the deal, the bank said on Tuesday, as it continues to shrink its once globe-spanning empire to focus on Asia. HSBC is selling the business, which covers banking, asset management and insurance, to Argentina's fifth largest bank Grupo Financiero Galicia for $550 million, the British bank said. HSBC CEO Noel Quinn has sought to simplify the sprawling lender to improve performance by exiting several markets in which it has under-performed, including France and Canada.
ZacksIs Grupo Financiero Galicia (GGAL) Stock Outpacing Its Finance Peers This Year?
Here is how Grupo Financiero Galicia (GGAL) and First Internet Bancorp (INBK) have performed compared to their sector so far this year.
