3. Grupo Financiero Galicia ( GGAL) is an Argentina-based financial holding company. Grupo holds 94.8% stake in Banco Galicia and 87.5% in Sudamericana Holding. Net income for the first quarter of 2011 stood at $56 million, up from $12.7 million in the same period last year. As of March 31, 2011, the bank's market share of loans was 9.07%, rising 1.23% from the same period in 2010. For deposits, the market share was 8.44%, expanding 43 basis points from the year-ago period. Higher profitability improved the bank's return ratios. Grupo Galicia's return on average assets for the quarter was 2.98% compared to 1.07% in the first quarter of 2010. Return on average shareholders' equity stood at 35.34% vs. 10% in the March quarter of 2010. The stock is trading at 6.8 times its 2011 earnings and has the potential to deliver up to 79% over the next one year.