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Banco de Formosa S.A. (Argentina)

Main Activities: Commercial Banking
Full name: Banco de Formosa S.A. Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

Formosa Bank began operations in August 1961 as a provincial bank. On December 6, 1995 was becoming privatized corporation. Today the bank has 10 branches, 9 are in Formosa and one Federal Capital.

Headquarters
Avenida 25 de Mayo 102, Piso 1
Formosa; Formosa; Postal Code: P3600AXO

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Website: http://www.bancodeformosa.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
June 16, 1995
Key Executives
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President
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Vice President
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Legal Issues Manager
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General Manager
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Administration and Finance Manager
Ownership Details
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44.29%
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31.08%
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10.71%
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8%
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4.86%
Subsidiaries
Compania de Servicios Publicos Clorinda Ltda.
Provincanje S.A.
Company Performance
Financial values in the chart are available after Banco de Formosa S.A. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency ARS. Absolute financial data is included in the purchased report.
Net interest income
225.15%
Net fee and commission income
166.28%
Operating profit (EBIT)
309.47%
Net Profit (Loss) for the Period
24.84%
Total assets
173.92%
Total equity
233.26%
Total Assets Trend
83.05%
Net Interest Income Trend
67.35%
Cost to Income Ratio
-5.36%
Loans to Deposits Ratio
23.35%
Loans to Asset Ratio
14.08%

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