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The latest announcement is out from Grupo Financiero Galicia SA ( (GGAL) ).
On February 14, 2025, Banco de Galicia, a subsidiary of Grupo Financiero Galicia S.A., was notified of a class action lawsuit. The lawsuit challenges the fees charged for appliance insurance on certain credit cards, seeking cessation and reimbursement. Banco Galicia is evaluating the lawsuit’s implications but anticipates that an unfavorable outcome would not significantly impact its shareholders’ equity.
More about Grupo Financiero Galicia SA
Grupo Financiero Galicia S.A. operates primarily in the financial services industry, with its main subsidiary being Banco de Galicia y Buenos Aires S.A.U. The company focuses on providing a range of banking and financial products and services in Argentina.
YTD Price Performance: -14.19%
Average Trading Volume: 1,149,288
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $10.77B
Learn more about GGAL stock on TipRanks’ Stock Analysis page.
