BBAR vs. TEO
BBAR (Banco BBVA Argentina S.A.) and TEO (Telecom Argentina S.A.) are both stocks. BBAR operates in Banks - Regional (Financial Services), while TEO operates in Telecom Services (Communication Services). Over the past 10 years, BBAR returned 3.04%/yr vs 0.90%/yr for TEO. At a 0.50 correlation, their price movements are largely independent.
Performance
BBAR vs. TEO - Performance Comparison
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Returns By Period
In the year-to-date period, BBAR achieves a 9.70% return, which is significantly lower than TEO's 14.64% return. Over the past 10 years, BBAR has outperformed TEO with an annualized return of 3.04%, while TEO has yielded a comparatively lower 0.90% annualized return.
BBAR
- 1D
- -5.60%
- 1M
- -4.63%
- 6M
- 14.39%
- YTD
- 9.70%
- 1Y
- 35.60%
- 3Y*
- 61.19%
- 5Y*
- 54.18%
- 10Y*
- 3.04%
TEO
- 1D
- -3.41%
- 1M
- -10.49%
- 6M
- 20.67%
- YTD
- 14.64%
- 1Y
- 49.83%
- 3Y*
- 31.18%
- 5Y*
- 24.97%
- 10Y*
- 0.90%
BBAR vs. TEO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BBAR Banco BBVA Argentina S.A. | 9.70% | -3.96% | 315.76% | 47.33% | 34.59% | -1.87% | -42.37% | -49.21% | -54.49% | 46.89% |
TEO Telecom Argentina S.A. | 14.64% | -7.40% | 79.33% | 37.87% | 6.86% | -15.34% | -39.38% | -17.25% | -54.46% | 108.17% |
Correlation
The correlation between BBAR and TEO is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.60 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Dec 9, 1994 | 0.50 |
The correlation between BBAR and TEO shifts across timeframes, from 0.50 (all time) to 0.62 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
BBAR:
$3.99B
TEO:
$5.73B
BBAR:
ARS 1.09K
TEO:
ARS 875.85
BBAR:
26.38
TEO:
22.42
BBAR:
0.11
TEO:
0.01
BBAR:
0.93
TEO:
0.94
BBAR:
1.51
TEO:
1.05
BBAR:
ARS 6.35T
TEO:
ARS 9.04T
BBAR:
ARS 3.08T
TEO:
ARS 6.85T
BBAR:
ARS 526.52B
TEO:
ARS 3.30T
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Return for Risk
BBAR vs. TEO — Risk / Return Rank
BBAR
TEO
BBAR vs. TEO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Banco BBVA Argentina S.A. (BBAR) and Telecom Argentina S.A. (TEO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BBAR | TEO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.32 | ||
| Sortino ratioReturn per unit of downside risk | -0.36 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.20 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 0.67 | 1.31 | -0.64 |
| Martin ratioReturn relative to average drawdown | 1.46 | 3.09 | -1.63 |
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Drawdowns
BBAR vs. TEO - Drawdown Comparison
The maximum BBAR drawdown since its inception was -96.23%, roughly equal to the maximum TEO drawdown of -98.60%. Use the drawdown chart below to compare losses from any high point for BBAR and TEO.
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Drawdown Indicators
| BBAR | TEO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.23% | -98.60% | +2.37% |
Max Drawdown (1Y)Largest decline over 1 year | -53.44% | -38.26% | -15.18% |
Max Drawdown (3Y)Largest decline over 3 years | -66.16% | -54.02% | -12.14% |
Max Drawdown (5Y)Largest decline over 5 years | -66.16% | -54.02% | -12.14% |
Max Drawdown (10Y)Largest decline over 10 years | -91.55% | -86.58% | -4.97% |
Current DrawdownCurrent decline from peak | -15.09% | -49.76% | +34.67% |
Average DrawdownAverage peak-to-trough decline | -57.44% | -53.79% | -3.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.39% | 16.16% | +8.23% |
Volatility
BBAR vs. TEO - Volatility Comparison
Banco BBVA Argentina S.A. (BBAR) has a higher volatility of 18.36% compared to Telecom Argentina S.A. (TEO) at 10.95%. This indicates that BBAR's price experiences larger fluctuations and is considered to be riskier than TEO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BBAR | TEO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.36% | 10.95% | +7.41% |
Volatility (6M)Calculated over the trailing 6-month period | 47.48% | 38.45% | +9.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 82.03% | 66.03% | +16.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 65.18% | 54.41% | +10.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 65.07% | 50.07% | +15.00% |
Dividends
BBAR vs. TEO - Dividend Comparison
BBAR's dividend yield for the trailing twelve months is around 1.99%, more than TEO's 0.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BBAR Banco BBVA Argentina S.A. | 1.99% | 0.85% | 8.10% | 5.17% | 5.21% | 0.00% | 0.00% | 4.76% | 2.04% | 1.00% | 2.41% | 0.00% |
TEO Telecom Argentina S.A. | 0.36% | 0.42% | 1.91% | 3.43% | 0.00% | 8.90% | 5.27% | 12.36% | 15.08% | 3.33% | 3.57% | 5.28% |
Financials
BBAR vs. TEO - Financials Comparison
This section allows you to compare key financial metrics between Banco BBVA Argentina S.A. and Telecom Argentina S.A.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
BBAR vs. TEO - Profitability Comparison
BBAR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Banco BBVA Argentina S.A. reported a gross profit of 918.80B and revenue of 1.81T. Therefore, the gross margin over that period was 50.8%.
TEO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Telecom Argentina S.A. reported a gross profit of 1.80T and revenue of 2.36T. Therefore, the gross margin over that period was 76.4%.
BBAR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Banco BBVA Argentina S.A. reported an operating income of 131.98B and revenue of 1.81T, resulting in an operating margin of 7.3%.
TEO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Telecom Argentina S.A. reported an operating income of 823.75B and revenue of 2.36T, resulting in an operating margin of 34.9%.
BBAR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Banco BBVA Argentina S.A. reported a net income of 78.42B and revenue of 1.81T, resulting in a net margin of 4.3%.
TEO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Telecom Argentina S.A. reported a net income of 636.68B and revenue of 2.36T, resulting in a net margin of 27.0%.
Frequently Asked Questions
BBAR and TEO have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BBAR has higher volatility (18.36%) compared to TEO (10.95%). In terms of maximum drawdown, BBAR dropped -96.23% vs TEO's -98.60%.
TEO currently has the higher Sharpe Ratio (0.76 vs 0.44), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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