Banco Comercial AV Villas Income Statement

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

Millions COP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Interest Income on Loans	1,905,700	1,868,923	1,979,292	1,536,215	1,218,225	1,294,156
Interest Income on Investments	140,183	140,183	181,352	135,298	92,403	63,395
Total Interest Income	2,045,883	2,009,106	2,160,644	1,671,513	1,310,628	1,357,551
Interest Paid on Deposits	914,468	1,014,935	1,144,311	619,200	196,019	323,717
Interest Paid on Borrowings	187,911	187,911	332,067	145,179	41,993	28,849
Total Interest Expense	1,102,379	1,202,846	1,476,378	764,379	238,012	352,566
Net Interest Income	943,504	806,260	684,266	907,134	1,072,616	1,004,985
Net Interest Income Growth (YoY)	23.06%	17.83%	-24.57%	-15.43%	6.73%	-4.04%
Income From Trading Activities	-15,274	-349	-1,355	-3,317	-3,326	-1,165
Gain (Loss) on Sale of Assets	4,823	3,193	11,174	35	-3	-64
Gain (Loss) on Sale of Investments	20,285	42,902	45,767	9,553	6,618	42,766
Gain (Loss) on Sale of Equity Investments	14	14	-1,938	1,450	1,649	-729
Other Non-Interest Income	74,306	62,645	56,814	54,097	14,884	60,318
Total Non-Interest Income	194,332	218,583	222,215	172,025	116,219	185,802
Non-Interest Income Growth (YoY)	-10.89%	-1.63%	29.18%	48.02%	-37.45%	-14.29%
Revenues Before Loan Losses	1,137,836	1,024,843	906,481	1,079,159	1,188,835	1,190,787
Provision for Loan Losses	277,133	296,689	448,888	157,819	149,159	252,843
Revenue	860,703	728,154	457,593	921,340	1,039,676	937,944
Revenue Growth (YoY)	39.98%	59.13%	-50.33%	-11.38%	10.85%	-9.98%
Salaries and Employee Benefits	334,594	322,478	297,262	277,892	262,234	255,186
Occupancy Expenses	89,262	84,382	79,334	69,905	66,504	67,595
Selling, General & Administrative	539,838	536,718	481,792	392,018	361,583	357,550
Other Non-Interest Expense	-40,669	12,161	8,403	54,013	40,570	37,501
Total Non-Interest Expense	988,014	955,739	866,791	793,828	730,891	717,832
EBT Excluding Unusual Items	-127,311	-227,585	-409,198	127,512	308,785	220,112
Asset Writedown	2,553	2,553	2,529	3,829	195	2,542
Pretax Income	-124,758	-225,032	-406,669	131,341	308,980	222,654
Income Tax Expense	-49,437	-90,667	-165,665	27,566	116,732	58,740
Earnings From Continuing Operations	-75,321	-134,365	-241,004	103,775	192,248	163,914
Minority Interest in Earnings	-34	-290	-605	-368	-428	-632
Net Income	-75,355	-134,655	-241,609	103,407	191,820	163,282
Net Income to Common	-75,355	-134,655	-241,609	103,407	191,820	163,282
Net Income Growth	-	-	-	-46.09%	17.48%	-30.81%
Basic Shares Outstanding	225	225	225	225	225	225
Diluted Shares Outstanding	225	225	225	225	225	225
EPS (Basic)	-335.31	-599.18	-1075.10	460.14	853.55	726.57
EPS (Diluted)	-335.31	-599.18	-1075.10	460.14	853.55	726.57
EPS Growth	-	-	-	-46.09%	17.48%	-30.81%
Dividend Per Share	-	-	87.840	390.000	390.000	285.360
Dividend Growth	-	-	-77.48%	-	36.67%	-29.54%
Effective Tax Rate	-	-	-	20.99%	37.78%	26.38%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.