The latest announcement is out from Grupo Aval Acciones y Valores SA Pfd ( (AVAL) ).
Grupo Aval reported a 37.4% increase in consolidated attributable net income for 2024, amounting to Ps 1,015.1 billion. The company saw significant growth in its loan and deposit figures, with gross loans growing by 7.3% and deposits increasing by 10.4% compared to the previous year. Notably, the financial conglomerate also achieved a market share increase in its loans, further strengthening its positioning within the industry. The acquisition and rebranding of Casa de Bolsa and Fiduciaria Corficolombiana reflect Grupo Aval’s strategic moves to enhance its comprehensive financial service offerings.
More about Grupo Aval Acciones y Valores SA Pfd
Grupo Aval Acciones y Valores S.A. is a leading financial conglomerate in Colombia, operating through four commercial banks—Banco de Bogotá, Banco de Occidente, Banco Popular, and Banco AV Villas. It also includes the largest private pensions and severance fund manager in Colombia, Porvenir, and the largest merchant bank in Colombia, Corficolombiana. Additionally, the company has a presence in Panama through Multibank’s operation via Banco de Bogotá.
YTD Price Performance: 48.02%
Average Trading Volume: 91,801
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $3.42B
See more insights into AVAL stock on TipRanks’ Stock Analysis page.