Grupo Aval Acciones y Valores S.A. (BVC:GRUPOAVAL)

Revenue by Segment

Financials in millions COP. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Merchant Banking	2.39T	1.79T	3.15T	4.34T	3.66T
Merchant Banking Growth	33.96%	-43.19%	-27.56%	18.85%	4.88%
Banking Services	10.42T	8.74T	8.35T	9.72T	-
Banking Services Growth	19.24%	4.63%	-14.09%	-	-
Eliminations	-2,647.94B	-1,822.69B	-1,725.49B	-3,102.94B	-3,915.77B
Pension and Severance Fund Management	1.51T	1.39T	1.24T	645.35B	1.26T
Pension and Severance Fund Management Growth	8.87%	12.22%	91.75%	-48.77%	4.12%
Holding	1.84T	1.14T	822.66B	2.08T	-
Holding Growth	61.56%	38.60%	-60.36%	-	-
Banco Bogotá S.A. Excluding Corficolombiana S.A.	-	-	-	-	7.37T
Banco Bogotá S.A. Excluding Corficolombiana S.A. Growth	-	-	-	-	50.76%
Banco De Occidente S.A.	-	-	-	-	1.98T
Banco De Occidente S.A. Growth	-	-	-	-	24.09%
Banco Popular S.A.	-	-	-	-	1.78T
Banco Popular S.A. Growth	-	-	-	-	19.39%
Banco AV Villas S.A.	-	-	-	-	1.04T
Banco AV Villas S.A. Growth	-	-	-	-	10.53%
Other Segments	-	-	-	-	-79.04B
Total	13.52T	11.23T	11.83T	13.68T	13.09T
Total Growth	20.37%	-5.08%	-13.52%	4.53%	17.44%

Revenue by Geography

Financials in millions COP. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Peru	1.02T	1.10T	972.88B	987.12B	1.06T
Peru Growth	-7.26%	12.88%	-1.44%	-6.65%	19.74%
Barbados	81.02B	77.60B	64.64B	43.45B	32.33B
Barbados Growth	4.41%	20.05%	48.78%	34.40%	-35.64%
Panama	649.20B	716.78B	2.17T	1.71T	1.33T
Panama Growth	-9.43%	-67.00%	26.78%	28.46%	40.03%
Colombia	42.79T	43.00T	44.45T	33.66T	26.20T
Colombia Growth	-0.49%	-3.25%	32.03%	28.51%	-0.47%
Brazil	1.00M	-	-	-	-
Other Countries	-	7.00M	321.00M	598.00M	1.21B
Other Countries Growth	-	-97.82%	-46.32%	-50.54%	-33.39%
Total	44.54T	44.90T	47.66T	36.41T	28.62T
Total Growth	-0.79%	-5.79%	30.90%	27.21%	1.47%

Source: S&P Global Market Intelligence.