Earnings per share

12 Months Ended

Dec. 31, 2022

3. Earnings per share

The Group presents basic and diluted earnings per share (“EPS”) data for its ordinary shares. Basic EPS is calculated by dividing the profit or loss that is attributable to ordinary shareholders of the Bank by the weighted-average number of ordinary shares outstanding during the period. Diluted EPS is determined by adjusting the profit or loss that is attributable to ordinary shareholders and the weighted-average number of ordinary shares outstanding for the effects of all dilutive potential ordinary shares.

The calculation of the earnings per share is detailed below:


Accounts	December 31, 2022		December 31, 2021		December 31, 2020
Numerator:
Profit attributable to owners of the Bank		58,841,292		18,307,836		29,551,085
Profit attributable to owners of the Bank adjusted to reflect the effect of dilution		58,841,292		18,307,836		29,551,085
Denominator:
Weighted average of outstanding ordinary shares for the year		612,710,079		612,710,079		612,710,079
Weighted average of outstanding ordinary shares for the year adjusted to reflect the effect of dilution		612,710,079		612,710,079		612,710,079
Basic earnings per share (in pesos) (1)		96.0345		29.8801		48.2301
Diluted earnings per share (in pesos) (1)		96.0345		29.8801		48.2301

(1)	Since BBVA Argentina has not issued financial instruments with a dilutive effect on earnings per share, basic and diluted earnings per share are the same.