FAIR VALUES (Tables)

12 Months Ended

Dec. 31, 2025

FAIR VALUES

Summary of fair values of financial assets and financial liabilities


Financial Instruments as of 12/31/2025		FV Level 1		FV Level 2		FV Level 3		Total
Assets
- Debt securities at fair value through profit or loss		243,188,707		6,317,794		—		249,506,501
- Derivatives		—		9,910,637		—		9,910,637
- Other financial assets		44,370,988		—		—		44,370,988
- Other debt securities		63,225,729		35,384,116		—		98,609,845
- Investments in Equity Instruments		4,306,274		—		1,399,669		5,705,943
Total Assets		355,091,698		51,612,547		1,399,669		408,103,914
Liabilities
- Liabilities at fair value through profit or loss		693,909		—		—		693,909
- Other financial liabilities		271,671,634		—		—		271,671,634
Total Liabilities		272,365,543		—		—		272,365,543


Financial Instruments as of 12/31/2024		FV Level 1		FV Level 2		FV Level 3		Total
Assets
- Debt securities at fair value through profit or loss		337,225,295		9,184,953		—		346,410,248
- Derivatives		—		6,087,827		—		6,087,827
- Other financial assets		22,573,471		—		—		22,573,471
- Other debt securities		145,575,345		128,242,424		—		273,817,769
- Financial assets pledged as collateral		230,670,891		—		—		230,670,891
- Investments in Equity Instruments		68,878		—		866,079		934,957
Total Assets		736,113,880		143,515,204		866,079		880,495,163
Liabilities
- Derivatives		—		2,281,117		—		2,281,117
- Other financial liabilities		208,818,482		—		—		208,818,482
Total Liabilities		208,818,482		2,281,117		—		211,099,599

Summary of reconciliation of the financial instruments

FV Level 3

 

12/31/2024

 

Transfers

 

Additions

 

Disposals

 

OCI

 

12/31/2025

Assets

- Investments in equity instruments

866,079

—

35,936

(16,039)

513,693

1,399,669

Summary of difference between carrying amount and fair value of assets and liabilities


Other Financial Instruments as of 12/31/2025		Book value		Fair value		FV Level 1		FV Level 2		FV Level 3
Financial Assets
- Cash and due from Banks		1,599,186,464		1,599,186,464		1,599,186,464		—		—
- Other financial assets		13,162,141		13,162,141		13,162,141		—		—
- Loans and other financing		3,765,478,226		4,018,615,003		—		—		4,018,615,003
- Reverse Repo Transactions		3,657,016		3,657,016		3,657,016		—		—
- Other Debt Securities		706,297,983		715,560,730		715,560,730		—		—
- Financial assets Pledged as collateral		681,163,072		680,687,200		680,687,200		—		—
		6,768,944,902		7,030,868,554		3,012,253,551		—		4,018,615,003
Financial Liabilities
- Deposits		5,118,886,479		5,136,751,125		—		—		5,136,751,125
- Other financial liabilities		8,600,651		8,600,651		8,600,651		—		—
- Repo transactions		393,411,412		393,411,412		393,411,412		—		—
- Financing received from the Central Bank and other financial institutions		480,793,742		453,162,201		—		—		453,162,201
- Unsubordinated Debt securities		174,866,398		176,412,406		176,412,406		—		—
		6,176,558,682		6,168,337,795		578,424,469		—		5,589,913,326


Other Financial Instruments as of 12/31/2024		Book value		Fair value		FV Level 1		FV Level 2		FV Level 3
Financial Assets
- Cash and due from Banks		858,981,662		858,981,662		858,981,662		—		—
- Other financial assets		15,093,100		15,093,100		15,093,100		—		—
- Loans and other financing		2,854,710,927		3,132,630,423		—		—		3,132,630,423
- Other Debt Securities		795,536,505		794,483,922		792,734,227		1,749,695		—
- Financial assets Pledged as collateral		2,447		2,447		2,447		—		—
		4,524,324,641		4,801,191,554		1,666,811,436		1,749,695		3,132,630,423
Financial Liabilities
- Deposits		4,174,648,931		4,206,034,138		—		—		4,206,034,138
- Other financial liabilities		9,796,031		9,796,031		9,796,031		—		—
- Financing received from the Central Bank and other financial institutions		51,695,858		51,598,312		—		—		51,598,312
- Repo Transactions		44,677,369		44,677,369		44,677,369		—		—
- Unsubordinated debt securities		67,297,539		67,297,539		67,297,539		—		—
		4,348,115,728		4,379,403,389		121,770,939		—		4,257,632,450

Summary of equity instruments measured at fair value with changes in profit or loss


		12/31/2025		12/31/2024
A3 Mercados S.A.		4,294,797		—
Cedear SPDR Dow Jones Ind		3,606		3,261
Cedear SPDR S&P		3,448		3,041
Cedear Financial Select Sector		3,278		2,940
Cedear Ishares MSCI Brasil		1,145		830
Ternium Arg S.A.Ords."A"1 Voto Esc		—		29,856
Holcim Argentina		—		14,273
Aluar S.A.		—		4,129
Grupo Financiero Galicia SA		—		10,548
Total		4,306,274		68,878

Summary of equity instruments measured at fair value with changes in other comprehensive income


		FV at		Income / (Loss)						FV at
Detail		12/31/2024		through OCI		Disposals		Additions		12/31/2025
Mercado Abierto Electrónico S.A.		5,982		-		(5,982)		—		—
Play Digital S.A.		148,670		(49,500)		—		—		99,170
Seguro de Depósitos S.A		74,879		51,955		—		—		126,834
Compensador Electrónica S.A.		599,364		520,925		—		28,232		1,148,521
Provincanje S.A.		10,057		—		(10,057)		—		—
Cuyo Aval Sociedad de Garantía Recíproca		20,038		(2,776)		—		—		17,262
Argencontrol S.A.		3,339		(801)		—		—		2,538
IEBA S.A.		80		(19)		—		—		61
Other Reciprocal Guarantee Companies		3,670		(6,091)		—		7,704		5,283
Total		866,079		513,693		(16,039)		35,936		1,399,669


		FV at		Income / (Loss)						FV at
Detail		12/31/2023		through OCI		Disposals		Additions		12/31/2024
Mercado Abierto Electrónico S.A.		4,676		1,306		—		—		5,982
Play Digital S.A.		487,312		(651,440)		(200,910)		513,708		148,670
Seguro de Depósitos S.A		54,234		20,645		—		—		74,879
Compensador Electrónica S.A.		318,857		323,021		(45,141)		2,627		599,364
Provincanje S.A.		21,900		(11,843)		—		—		10,057
Cuyo Aval Sociedad de Garantía Recíproca		16,182		3,856		—		—		20,038
Argencontrol S.A.		1,664		1,675		—		—		3,339
IEBA S.A.		175		(95)		—		—		80
Other Reciprocal Guarantee Companies		2,781		889		—		—		3,670
Total		907,781		(311,986)		(246,051)		516,335		866,079