Colombia · Delayed Price · Currency is COP Grupo Aval Acciones y Valores Earnings Call Transcripts
Fiscal Year 2026
-
Net income rose 17% year-over-year to COP 577 billion, with ROAE at 12.7% and strong loan and deposit growth. Guidance for 2026 remains cautious, with ROAE expected at 9.25% amid macroeconomic and fiscal uncertainties.
-
Q1 2026 net income declined 2.3% year-over-year to COP 336 billion, mainly due to a one-time equity tax, while underlying business trends improved. The group completed the MFG sale, launched a new five-year strategy, and expects 2026 ROAE of 9.25% with loan growth of 9.5%.
Fiscal Year 2025
-
Net income surged 70% in 2025, driven by banking and Corficolombiana, with major M&A activity and strong loan growth. 2026 guidance anticipates moderate loan growth, stable NIM, and ROE of 10.5%, amid inflation and political uncertainty.
-
Net income surged 88% year-over-year, with strong loan and deposit growth, improved asset quality, and robust fee income. Strategic initiatives in digital payments, asset management, and operational synergies are expected to drive further growth, despite macroeconomic and political uncertainties.
-
Net income surged 142% year-over-year in Q2 2025, with NIM reaching a three-year high and loan quality improving across all segments. Guidance for 2025 remains positive, with ROAE expected at 10.5% and loan growth consolidating in H2, despite regulatory and fiscal headwinds.
-
Net income surged 28% sequentially and over tripled year-on-year, driven by strong loan and deposit growth, especially in mortgages. Guidance for 2025 was revised slightly lower for ROE and loan growth, reflecting slower NIM recovery amid persistent macro and fiscal risks.
Fiscal Year 2024
-
Net income grew 38% year-over-year to over COP 1 trillion, with gains in market share and improved asset quality. 2025 guidance targets 10% loan growth, NIM of 4.15%, and ROE around 11%, amid ongoing macroeconomic and regulatory challenges.
-
Return on equity rebounded to 9.7% as cost of risk and NIM on investment improved, with loan growth led by mortgages and consumer lending. 2024 guidance targets 6.5%-7% loan growth and 6.25% ROE, with 2025 outlook for double-digit loan growth and ROE at 11%.
-
Management renewal and sustainability initiatives marked the quarter, with strong loan and deposit growth, improved asset quality, and ongoing capital strengthening. Guidance for 2024 includes 7.5–8% loan growth and ROE between 2.6% and 5%.