Earnings per share

12 Months Ended

Dec. 31, 2019

6.	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, 2019		December 31, 2018			December 31, 2017
Accounts	December 31, 2019		December 31, 2018			December 31, 2017
Numerator:
Profit (Loss) attributable to owners of the Bank		16,027,533		(2,291,690	)		2,928,692
Profit (Loss) attributable to owners of the Bank adjusted to reflect the effect of dilution		16,027,533		(2,291,690	)		2,928,692

Denominator:
Weighted average of outstanding ordinary shares for the year		612,671,108		612,659,638			569,909,668
Weighted average of outstanding ordinary shares for the year adjusted to reflect the effect of dilution		612,671,108		612,659,638			569,909,668
Basic earnings per share (1)		26.1601		(3.7406	)		5.1389
Diluted earnings per share (1)		26.1601		(3.7406	)		5.1389

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