Grupo Supervielle S.A. (NYSE:SUPV) Q1 2025 Earnings Conference Call May 28, 2025 10:00 AM ET
Company Participants
Ana Bartesaghi – Treasurer and IRO
Patricio Supervielle – Chairman and CEO
Mariano Biglia – CFO
Gustavo Manriquez – CEO, Banco Supervielle
Diego Pizzulli – CEO of IOL invertironline
Conference Call Participants
Ernesto Gabilondo – Bank of America
Brian Flores – Citi
Carlos Gomez – HSBC
Ana Bartesaghi
Good morning everyone and welcome to Grupo Supervielle’s First Quarter Earnings Call. I’m Ana Bartesaghi, Treasurer and IRO. Today’s conference call is being recorded. As a reminder, all participants will be in listen-only mode. [Operator Instructions]
Speaking today will be Patricio Supervielle, our Chairman and CEO; and Mariano Biglia, our CFO; Gustavo Manriquez, CEO, Banco Supervielle and Diego Pizzulli, CEO of invertironline, will also be available during the Q&A session.
Before we begin, I’d like to remind you that today’s call may include forward-looking statements which are based on management’s current expectations and beliefs and subject to risks and uncertainties. For more details, refer to the forward-looking statements section in our earnings release and recent SEC filings. Patricio, please go ahead.
Patricio Supervielle
Thank you, Ana. Good morning, everyone, and thank you for joining us today. In first quarter 2025, we introduced a cluster-based strategy to strengthen the value proposition across both retail and commercial customers to grain principality with our clients and attract new ones. Loan growth increased modestly sequentially, as we experienced some short-term softness in loan demand, particularly in March. This was largely due to external factors including limited peso liquidity, currency volatility, and caution ahead of the IMF milestone agreement. Reflecting our strategic focus, retail continued to lead, nor comprising over half of our total loan portfolio, up from just a third over a year ago, underscoring our emphasis on higher margin, more resilient segments.
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