Grupo Financiero Galicia S.A. is a financial institution operating in the financial sector, classified within the banking and financial services industry. The company is one of the largest financial groups in Argentina, offering banking services, credit cards, insurance, and digital payment solutions through its subsidiaries.
Founded in 1905 by a group of Argentine businessmen, the company was created to establish a strong and modern financial institution capable of supporting both commercial and retail clients during a period of economic expansion in the country.
Its portfolio includes traditional banking services (accounts, loans, investments, and foreign exchange), credit card operations through Tarjeta Naranja, insurance and pensions via Galicia Seguros, and modern digital financial services through its fintech Naranja X.
The group operates primarily in Argentina, serving millions of customers nationwide, with strong presence in retail banking, SMEs, and corporate services.
Market factors influencing its operations include Argentine inflation, regulatory changes, currency volatility, and macroeconomic fluctuations. The company has been investing heavily in digital transformation, automation, mobile banking solutions, and online customer service platforms.
Its operational structure includes hundreds of bank branches, regional offices, administrative centers, and digital platforms, employing more than 7,000 people.
Grupo Financiero Galicia S.A. is listed on the NASDAQ under the ticker GGAL.
History and Foundation of Grupo Financiero Galicia S.A.
The origins of Grupo Financiero Galicia S.A. date back to 1905 with the foundation of Banco de Galicia y Buenos Aires S.A., created by Argentine businessmen to support both regional and national economic development.
Over the decades, the bank expanded its operations and solidified its presence in the commercial sector, growing its client base and adding new financial products.
In the late 20th century, the bank underwent reorganization and expansion, leading to the establishment of the financial conglomerate now known as Grupo Financiero Galicia S.A. The modern holding structure was officially formed in the 1990s, consolidating banking, insurance, and card operations under a single corporate group.
The company completed its initial public offering (IPO) in 1997, enhancing its international visibility and providing access to foreign capital.
Between 2020 and 2024, the group accelerated its digital transformation efforts through Naranja X, adoption of open banking, automation, and the integration of digital and physical channels. It also strengthened corporate governance and resilience amid Argentina’s economic volatility.
Additional Information
The Company Grupo Financiero Galicia S.A. (United States), is listed on Nasdaq with a market value of $ 8.95 Billions, having an equity of $ 5.22 Billions.
With a total of 9.271 employees, the company is listed in the sector of Financial and categorized in industry of Banks.
In the last 12 months the Company had a revenue of $ 6.57 Billions, which generated a loss in the amount of $ 786.45 Millions.
As for its main indicators, the Company has a P/E ratio of 11.38, a P/BV ratio of 1.71 and in the last 12 months the dividend yield of GGAL was at 1.77%.
The Company is traded internationally through the ticker GGAL.