Grupo Financiero Galicia Sa Class B · BCBA:GGAL
Grupo Financiero Galicia Sa Class B — Q2 2026 Earnings Presentation
55 slides from Grupo Financiero Galicia Sa Class B's earnings presentation, Aug 26, 2026
Slide 1: 2nd quarter 2026 Financial Report
2nd. quarter 2026 Financial Report Grupo Financiero Galicia S.A.
Slide 2: Grupo Galicia
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Grupo Galicia Grupo Financiero Galicia Buenos Aires, Argentina, This report is a non-audited summary analysis of Grupo Galicia’s financial condition and Conference Call August 25, 2026, Gr
Slide 3: Argentina's leading financial services group
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary We are Argentina's leading financial services group with over 120 years of experience. Through our companies, we generate long-term, sustainable value by offering savings, investment, cred
Slide 4: Highlights
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Highlights Ps.329,308 million Ps.160.8 23.7% Net income per Capital Ratio 379 Branches and 9,435 Employees Net income for the period attributable to Grupo share 2Q 2026 other points of -25
Slide 5: Selected financial information
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Selected financial information Selected ratios Percentages 2026 2026 2025 Variation (bp) 2Q 1Q 2Q vs.1Q26 vs.2Q25 ROA 2.1 0.6 1.8 152 26 ROE 11.3 3.2 9.6 815 167 Financial Margin 17.9 17.7
Slide 6: Results for the quarter
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Results for the quarter The net result for the quarter attributable to Grupo Galicia was a profit of Ps.258,321 million, which represented, on an Results of the main annualized bases, an R
Slide 7: Income Statement
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Income Statement In millions of pesos, except otherwise noted 2026 2026 2025 Variation (%) 2Q 1Q 2Q vs.1Q26 vs.2Q25 Net interest income 1,669,092 1,705,695 1,625,418 (2) 3 Net fee income 4
Slide 8: Selected financial information
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Selected financial information Balance Sheet In millions of pesos, except otherwise noted 2026 2026 2025 Variation (%) 2Q 1Q 2Q vs.1Q26 vs.2Q25 Assets Cash and due from banks 6,240,921 7,0
Slide 9: Since 1905, Galicia has supported the development of Argentina
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Since 1905, Galicia has supported the development of Argentina and has established itself as the leading privately owned bank with domestic capital. Through its distribution channels, incl
Slide 10: Highlights
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Highlights Ps.209,104 million 15.1% Market share: 14.3% Market share: 277 Branches 5,751 Net income for the period Loans to the private Deposits to the Employees +22% vs. 6M 2025 sector pr
Slide 11: Results for the quarter
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Results for the quarter In the second quarter of 2026, Galicia recorded a net income of Income Statement Ps.158,228 million, an improvement of Ps.107,352 million compared In millions of pe
Slide 12: Profitability and efficiency
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Profitability and efficiency ROA Financial margin 18.7% 1.6% 17.0% 16.7% 1.4% 0.5% 2Q 2026 1Q 2026 2Q 2025 2Q 2026 1Q 2026 2Q 2025 ROE Efficiency 47.0% 8.8% ratio 44.3% 38.8% 6.4% 2.9% 2Q
Slide 13: Yields and rates
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Yields and rates Interest-earning assets(1) Average balances: in millions of pesos. Yields and rates: annualized nominal % 2026 2026 2025 Variation (% | bp) 2Q 1Q 2Q vs.1Q26 vs.2Q25 Avg Bc
Slide 14: Interest-bearing liabilities
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Interest-bearing liabilities(1) Average balances: in millions of pesos. Yields and rates: annualized nominal % 2026 2025 2025 Variation (%|bp) 2Q 1Q 2Q vs.1Q26 vs.2Q25 Avg Bce Yield Avg Bc
Slide 15: Net interest income
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Net interest income Net interest income totaled Ps.1,227,474 million, decreasing by Interest Income Ps.38,502 million (3%) from the Ps.1,265,976 million recorded in In millions of pesos, e
Slide 16: Interest expenses
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Interest expenses totaled Ps.612,263 million during the quarter, decreasing by Ps.119,687 million (16%) compared to the previous quarter. This variation was primarily driven by lower expen
Slide 17: Net fee income
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Net fee income Net Fee Income In millions of pesos, except otherwise noted 2026 2026 2025 Variation (%) 2Q 1Q 2Q vs.1Q26 vs.2Q25 Credit cards 129,630 134,059 132,189 (3) (2) Deposit accoun
Slide 18: Net income from financial instruments
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Net income from financial instruments Net income from financial instruments totaled Ps.179,785 million, during the quarter, increasing by Ps.131,855 million (275%) compared to the Ps.47,93
Slide 19: Other operating income
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Other operating income In the second quarter, other operating income amounted to Ps.69,987 million, registering a decrease of Ps.45,757 million (40%) compared to the previous quarter. This
Slide 20: Personnel expenses
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Personnel expenses Personnel expenses reached Ps.214,952 million, registering an increase of Ps.22,772 million (12%) compared to Ps.192,180 million registered in the previous quarter, main
Slide 21: Depreciation and devaluation of assets
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Depreciation and devaluation of assets The result from depreciation and devaluation of assets reached Ps.81,209 million, registering an increase of Ps.11,662 million (17%), compared to the
Slide 22: Income tax
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Income tax The income tax charge was Ps.95,986 million, Ps.100,423 million higher tan the Ps.4,437 million recovery recorded in the previous quarter. This variation is explained, on the on
Slide 23: Selected financial information
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Selected financial information Balance Sheet In millions of pesos, except otherwise noted 2026 2026 2025 Variation (%) 2Q 1Q 2Q vs.1Q26 vs.2Q25 Assets Cash and due from banks 5,963,421 6,8
Slide 24: Level of activity
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Level of activity Financing As of June 30, 2026, financing to the private sector totaled Ps.25,271,945 million, registering an increase of Ps.1,012,992 million compared to the previous qua
Slide 25: Breakdown of loans and other financing
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary As of June 30, 2026, the net loans and other financing portfolio totaled Ps.22,505,906 million, registering an increase of Ps.926,076 million (4%) compared to the first quarter of 2026. Th
Slide 26: Exposure to the Argentine public sector
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Exposure to the Argentine public sector Net Exposure to the Argentine Public Sector(1) In millions of pesos, except otherwise noted 2026 2026 2025 Variation (%) 2Q 1Q 2Q vs.1Q26 vs.2Q25 Go
Slide 27: Funding and liabilities
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Funding and liabilities Deposits amounted to Ps.27,028,550 million as of June 30, 2026, registering an increase of Ps.1,670,152 million when compared to the previous quarter. This increase
Slide 28: Financial Liabilities
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Financial Liabilities In millions of pesos, except otherwise noted 2026 2026 2025 Variation (%) 2Q 1Q 2Q vs.1Q26 vs.2Q25 Financial entities 334,490 1,040,119 176,336 (68) 90 Financing from
Slide 29: Liquidity
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Liquidity Liquidity Percentages, except otherwise noted 2026 2026 2025 Variation (%) 2Q 1Q 2Q vs.1Q26 vs.2Q25 Cash and due from banks 5,963,421 6,823,136 7,707,919 (13) (23) Government sec
Slide 30: Asset quality
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Asset quality The non-accrual financing portfolio (that includes certain items of other financial assets and guarantees granted) amounted to Ps.2,108,968 million as of June 30, 2026, repre
Slide 31: Analysis of Loan Loss Experience
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary During the quarter, Ps.155,749 million were charged off against the allowance for loan losses and direct charges to the income statement for Ps.35,314 million were made. Analysis of Loan L
Slide 32: Capitalization
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Capitalization The minimum capital requirement and the corresponding computable capital are presented below. Balances are disclosed in accordance with the applicable regulation in force an
Slide 33: Naranja X is Grupo Galicia's fintech company
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Naranja X is Grupo Galicia’s fintech company that develops a digital ecosystem of financial solutions—including payments, credit, savings and investment—to support customers in their every
Slide 34: Highlights
Grupo Galicia Galicia Galicia Naranja X Naranja X Galicia Seguros Fondos Fima Relevant information Hechos posteriores ASG ESG Cambios normativos Regulatory changes Glosario Glosary Highlights 1 Ps.15,720 million 4.8% 6.3% 90 2,531 Net income for the period attributable to Naranja X Market share: Mar
Slide 35: Results for the quarter
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Results for the quarter 1 Income Statement In millions of pesos, except otherwise noted 2026 2026 2025 Variation (%) 2Q 1Q 2Q vs.1Q26 vs.2Q25 In the second quarter, Naranja X registered a
Slide 36: Profitability and efficiency
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Profitability and efficiency1 ROA Financial margin 21.8% 21.6% 2.1% 20.2% 1.9% (1.0)% 2Q 2026 1Q 2026 2Q 2025 2Q 2026 1Q 2026 2Q 2025 ROE 13.8% Efficiency 12.2% ratio 33.5% 31.9% 30.8% (6.
Slide 37: Selected financial information
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Selected financial information 1 Balance Sheet In millions of pesos, except otherwise noted 2026 2026 2025 Variation (%) 2Q 1Q 2Q vs.1Q26 vs.2Q25 Assets Class LXVII Cash and due from banks
Slide 38: Asset quality
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Asset quality1 Loan Portfolio Quality Percentages, except otherwise noted 2026 2026 2025 Variation (%) 2Q 1Q 2Q vs.1Q26 vs.2Q25 Non-accrual loans 1,183,766 1,025,634 571,957 15 107 Allowan
Slide 39: Analysis of Loan Loss Experience
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Analysis of Loan Loss Experience1 In millions of pesos, except otherwise noted 2026 2026 2025 Variation (%) 2Q 1Q 2Q vs.1Q26 vs.2Q25 Allowances for loan losses At the beginning of the quar
Slide 40: Since 1996, Galicia Seguros has offered insurance solutions
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Since 1996, Galicia Seguros has offered insurance solutions, promoting comprehensive protection for individuals and assets. It specializes in personal and property insurance, offering solu
Slide 41: Highlights
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Highlights Ps.37,429 million 2,419 1,787 12 901 Net income for the period attributable to Seguros Polices Clients Agencies Employees +20% vs. 6M 2025 In thousands In thousands 28.3% 97.8%
Slide 42: Results for the quarter
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Results for the quarter Income Statement In millions of pesos, except otherwise noted 2026 2026 2025 Variation (%) 2Q 1Q 2Q vs.1Q26 vs.2Q25 Income from insurance services 192,868 187,628 1
Slide 43: Profitability and efficiency
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Profitability and efficiency ROA Combined ratio 6.5% 99.4% 96.2% 6.0% 90.5% 4.0% 2Q 2026 1Q 2026 2Q 2025 2Q 2026 1Q 2026 2Q 2025 ROE Efficiency 37.1% 34.8% ratio 146.8% 127.8% 21.4% 87.1%
Slide 44: Selected financial information
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Selected financial information Balance Sheet In millions of pesos, except otherwise noted 2026 2026 2025 Variation (%) 2Q 1Q 2Q vs.1Q26 vs.2Q25 Assets Cash and due from banks 13,424 4,265
Slide 45: Since 1958, Fondos FIMA has been managing mutual funds
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Since 1958, Fondos FIMA has been managing mutual funds, promoting savings and responsible investing through the professional management of diversified portfolios that provide access to cap
Slide 46: Highlights
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Highlights Ps.74,943 million Ps.15,483 21 30 Net income for the period Assets under Assets under Employees +1% vs. 6M 2025 management management In billions +12% vs. 2Q 2025 Ps.38,242 mill
Slide 47: Results for the quarter
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Results for the quarter Income Statement In millions of pesos, except otherwise noted 2026 2026 2025 Variation (%) 2Q 1Q 2Q vs.1Q26 vs.2Q25 Net interest income — — — N/A N/A Net results fr
Slide 48: Assets under management
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Assets under management Assets under management In millions of pesos, except otherwise noted 2026 2026 2025 Variation (%) 2Q 1Q 2Q vs.1Q26 vs.2Q25 Fima Acciones 128,813 136,909 101,420 (6)
Slide 49: Selected financial information
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Selected financial information Balance Sheet In millions of pesos, except otherwise noted 2026 2026 2025 Variation (%) 2Q 1Q 2Q vs.1Q26 vs.2Q25 Assets Cash and due from banks 21,059 19,230
Slide 50: Relevant information
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Relevant information On July 13 and August 6, 2026, Grupo On July 19, 2026, Banco Galicia redeemed in Galicia paid the first and second installments full upon maturity the Class II Subordi
Slide 51: ESG
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary ESG Promoting Female Leadership in SMEs Wildfire Prevention Initiative In April, Banco Galicia launched a sustainable financing line with preferential conditions for During April and May,
Slide 52: Regulatory changes
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Regulatory changes Non-face-to-face account opening Savings, Payroll, and Special Accounts The BCRA, through Communication “A” 8444, stipulated that financial institutions that allow The B
Slide 53: Glossary and additional information
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Glossary and additional information Combined ratio: claims (claims paid net of Financial margin: (net interest income + net result ROA: net income attributable to the company on reinsuranc
Slide 54: Inflation, exchange rate and interest rates
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Inflation, exchange rate and interest rates 2026 2026 2025 2025 2025 2Q 1Q 4Q 3Q 2Q Consumer price index (IPC) (1) 11,826.4103 11,077.0608 10121.3715 9384.0922 8855.5681 Consumer price ind
Slide 55: Contact us
Grupo Galicia Galicia Naranja X Galicia Seguros Fondos Fima Relevant information ESG Regulatory changes Glosary Contact us e-mail inversores@gfgsa.com asg@gfgsa.com web www.gfgsa.com Phone +54 11 4343 7528
Grupo Financiero Galicia — Q2 2026 Earnings Presentation on 6ix