Grupo Financiero Galicia S.A. has reported earnings results for the third quarter ended September 30, 2009. For the quarter, the company's net income was ARS 51.3 million, or ARS 0.04 per share compared to ARS 66.3 million or ARS 0.05 per share, for the third quarter ended September 30, 2008. The result was mainly attributable to the income derived from its interests in Banco de Galicia y Buenos Aires, Sudamericana Holding and Galicia Warrants partially offset by financial expenses and administrative expenses of ARS 8.4 million.

Grupo Financiero Galicia S.A. reported earnings results for the second quarter of 2009. For the quarter, the company reported earnings fall by 12.6% to ARS 91.9 million as revenues were offset by higher administrative expenses.

Grupo Financiero Galicia S.A. reported consolidated earnings results for the second quarter and six months ended June 30, 2009. For the quarter, the company reported net income was ARS 36.8 million or ARS 0.03 per share, equivalent to ARS 0.30 per ADS. This result was mainly attributable to the income derived from interests in Banco de Galicia y Buenos Aires S.A. (ARS 38.9 million) and in Sudamericana Holding (ARS 5.9 million) and the deferred tax adjustment (ARS 5.8 million), partially offset by financial expenses and administrative expenses for ARS 13.9 million. The Bank recorded a ARS 41.1 million net income, higher than the ARS 38.1 million corresponding to the second quarter of 2008. Excluding the 27.8 million loss from the amortization of deferred losses from amparo claims, adjusted net income for the second quarter of 2009 amounted to ARS 68.9 million, compared to a ARS 57.5 million profit in the same quarter of the previous year. For six months, the bank reported net income of ARS 128.7 million or ARS 0.104 earnings per share compared to net income of ARS 78.4 million or ARS 0.063 earnings per share for the same period last year. Earnings per ADS was ARS 1.040 against ARS 0.630 for the same period a year earlier. Book value per share was ARS 1.579 and book value per ADS was ARS 15.790 against book value per share of ARS 1.396 and book value per ADS was ARS 113.960 for the same period a year earlier.