- Grupo Aval’s net interest income for the second quarter was COP2.02 trillion, up 5.2% from the previous year.
- Net income saw a substantial increase, reaching COP494.92 billion compared to COP204.3 billion the previous year.
- The net interest margin improved to 4%, compared to 3.4% a year ago.
- Return on average equity rose dramatically to 11.3% from 4.9% year-over-year.
- The non-performing loans ratio decreased to 3.5%, a decline from 4.2% the previous year.
- Provisions remained largely stable at COP996.5 billion versus COP995.7 billion last year.
- Net loans increased to COP191.81 trillion, marking a 4.2% year-over-year growth.
- In terms of market sentiment, the company has 2 buy ratings, 4 hold ratings, and 1 sell rating.
A look at Grupo Aval Acciones y Valores Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Grupo Aval Acciones y Valores S.A., a Colombian holding company primarily focused on investments in the financial sector, has received a range of Smart Scores indicating its long-term prospects. With a Momentum score of 4, Grupo Aval demonstrates strong potential for growth and positive performance going forward. This suggests that the company is gaining traction and could see continued upward trends in the future.
Additionally, while Grupo Aval received a Resilience score of 2, its Value, Dividend, and Growth scores each sit at a solid 3. This indicates a balanced outlook for the company, with potential for stable returns and growth opportunities in the long term. Investors may find Grupo Aval Acciones y Valores to be a promising investment choice with a mix of value, dividend potential, and growth prospects.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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