Banco de Valores S.A.

Banco de Valores S.A.

VALO.BA
Banco de Valores S.A.AR flagBuenos Aires Stock Exchange
654.00
ARS
-1.00
- -
749.84BMarket Cap
Banco de Valores S.A.
VALO.BA
(Buenos Aires Stock Exchange)

Recent

price

654.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
0.18
0.26
0.33
0.77
0.96
1.56
1.5
2.99
6.25
18.04
74.56
253.11
1,043.99
715.85
356.55
381.74
Revenue per Share
- -
0.1
0.1
0.14
0.4
0.59
1.09
0.63
1.15
2.39
2.26
1.6
6.03
21.5
30.38
52.19
52.07
Basic EPS, GAAP
- -
0.11
-0.08
0.17
0.03
0.68
1.32
1.18
16.74
4.48
34.55
22.42
139.02
692.35
355.02
-156.51
299.21
Free Cash Flow per Basic Share
- -
0.01
0.03
0.03
0.02
0.01
0.22
0.17
0.44
0.61
- -
- -
3.93
9.63
24.28
2.87
3.14
Dividend per Share
- -
0.59
0.65
0.77
1.31
1.88
2.77
1.82
2.47
4.19
3.25
20.88
62.87
133.05
161.29
184.6
218.55
Book Value per Share
- -
0.61
0.67
0.79
1.3
1.88
2.74
1.8
2.47
4.18
11.38
23.64
74.69
164.8
197.02
283
327.3
Tangible Book Value per Share
- -
865
865
865
865
865
874
865
864
851
845
843
832
843
917
1,073
1,053
Basic Weighted Avg Shares
136
155
229
283
670
834
1,366
1,299
2,583
5,314
15,252
62,874
210,464
880,582
656,625
382,711
402,051
Sales/Revenue/Turnover
36.85
32.67
24.64
27.99
40.47
32.87
48.37
53
48.36
45.13
34.37
12.76
18.85
18.14
24.21
29.14
30.31
Operating Margin (%)
2
3
2
3
6
7
9
15
18
31
157
257
636
839
839
1,091
1,124
Depreciation Expense
62
87
83
125
346
513
949
546
991
2,029
1,913
1,350
5,013
18,138
27,862
56,021
54,843
Net Income, GAAP
24.31
18.91
24.92
22.95
27
43.33
33.06
28.03
30.08
21.11
40.1
37.9
46.88
50.93
29.11
32.92
33.93
Effective Tax Rate (%)
45.89
56.49
36.19
44.08
51.69
61.53
69.53
42.03
38.35
38.19
12.54
2.15
2.38
2.06
4.24
14.64
13.64
Profit Margin (%)
- -
175
216
273
589
558
1,157
-2,683
18,956
31,893
83,307
255,068
-365,429
-1,480,697
-594,564
-406,481
-1,673,969
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
5
- -
- -
- -
- -
- -
43,783
- -
LT Debt
443
529
585
682
1,129
1,629
2,404
1,571
2,146
3,584
9,694
20,005
62,192
139,557
242,361
365,418
412,185
Total Equity
8.97
6.33
4.95
6.5
15.29
7.82
17.28
19.97
33.5
50.68
41.8
31.5
48.71
67.83
54.01
19.96
18
Return on Invested Capital (%)
- -
21.21
12.65
16.46
33.34
27.14
39.07
23.87
43.53
64.4
58.69
13.26
14.35
21.88
21.19
24.23
18.36
Return on Capital (%)
- -
34.24
15.43
20.29
38.63
37.17
46.82
27.32
53.43
71.19
60.57
13.26
14.35
22.05
21.42
32.37
30
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
96,825
73,216
137,003
LT Borrowings
- -
43,783
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,005
1,147
1,147
Market Capitalization
302,194
551,767
687,225

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
1,481,454
1,230,153
772,547
Cash, Cash Equivalents & STI
886,254
487,021
723,422
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
1,873,900
1,636,634
2,446,516
Payables & Accruals
- -
- -
- -
ST Debt
96,825
73,216
137,003
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
85.31%
113.21%
50.77%
Free Cash Flow
268%
137.11%
-151.59%
Net Income, GAAP
88.14%
131.66%
101.06%
Sales/Revenue/Turnover
124.87%
159.65%
-41.72%
Total Cash Common Dividend
- -
- -
-86.18%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
261,907
126,720
96,696
100,632
656,625
2025
109,290
115,210
69,151
99,632
382,711
2026
118,058
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6.4
6.23
6.6
- -
30.38
2025
17.96
13.56
7.08
- -
52.19
2026
12.87
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
8.25
- -
24.28
2025
- -
- -
- -
- -
2.87
2026
1.5
- -
- -
- -
- -
Business
Banco de Valores S.A. is an Argentina-based financial institution specializing in commercial and investment banking activities primarily focused on the development of capital markets. The company offers a broad portfolio of products and services including financial and non-financial trusts; shares and debt issuance; open and closed-end mutual funds; comprehensive settlement and clearing agent services; investment banking; API and corporate banking; rating services; and financing operations. Banco de Valores operates both domestically and regionally through subsidiaries such as Mercado de Futuros y Opciones in Argentina and Valores AFISA in Uruguay. Established in 1977 and headquartered in Buenos Aires, the company plays a key role in the Argentine capital market ecosystem. In recent major developments, Banco de Valores completed a strategic merger by absorption with its controlling company Grupo Financiero de Valores in 2022, which consolidated its market presence and streamlined operations. During 2024, the bank expanded its product and service offerings while boosting existing lines through a corporate reorganization and the fusion of Columbus IB Valores, aiming to increase its footprint in financing activities, particularly dollar-based financings for large exporting companies with a focus on low risk and high liquidity. These strategic moves are designed to leverage its structuring capabilities and enhance its participation in both private and public capital markets, along with growing its influence in regional markets with development potential. Banco de Valores positions itself as a specialized bank in Argentina with a mission to stimulate investment and production through capital market solutions. Its product suite serves institutional investors, corporations, and government issuers, supporting debt and equity issuance, mutual funds management, and trust administration. The company continues to innovate in financial intermediation while maintaining prudent risk management and strong liquidity ratios. Its significant role in Argentina’s financial sector is also reflected in its public trading presence on the Buenos Aires Stock Exchange under the ticker VALO, following the merger integration and adoption of new corporate governance frameworks.