Grupo Aval Reveals Strong Q2 2024 Financials
Company Announcements

Grupo Aval Reveals Strong Q2 2024 Financials

Grupo Aval Acciones y Valores SA Pfd (AVAL) has released an update.

Grupo Aval S.A. reported a robust second quarter in 2024, with a consolidated net income of Ps 204.3 billion and growth in both loans and deposits. The company saw improvements in market shares across various loan categories and reported a lower cost of risk for consumer and commercial loans, enhancing its financial stability. Efficiency gains were noted with an improved cost to assets ratio, although the cost to income was affected by lower other income during the quarter.

For further insights into AVAL stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskGrupo Aval Plans Bond Issuance and Strategic Expansion
Gilan Miller-GertzEx-Dividend Date Nearing for These 10 Stocks – Week of October 28, 2024
TipRanks Auto-Generated NewsdeskGrupo Aval Confirms October Dividend Payment
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App