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Argentina's Grupo Galicia posts 3rd-quarter profit of $126 mln
November 9, 2017 / 2:37 PM / a month ago

Argentina's Grupo Galicia posts 3rd-quarter profit of $126 mln

BUENOS AIRES, Nov 9 (Reuters) - Argentina’s Grupo Financiero Galicia S.A. on Thursday posted a third-quarter net profit of 2.217 billion pesos ($126 million), up 45.6 percent from 1.523 billion pesos a year earlier.

The results compare with analysts’ expectations of 2.170 billion pesos in a Reuters survey. For the first nine months of the year, profit was 5.653 billion pesos. Grupo Financiero Galicia controls Banco Galicia, Argentina’s largest domestic bank by loans and deposits.

$1 = 17.53 pesos Reporting by Caroline Stauffer; Editing by Lisa Von Ahn

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