Intercorp Financial Services (IFS) has disclosed a new risk, in the Corporate Activity and Growth category.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Intercorp Financial Services aims to embed a comprehensive risk management process across its operations and those of its subsidiaries, continuously refining methods to measure and control various risks, such as credit, market, and operational. Despite these efforts, the company acknowledges potential limitations in its risk management framework’s ability to predict and neutralize every conceivable risk. In the event of a shortfall in its risk management efficacy, Intercorp could face substantial unanticipated losses, which may significantly impair its financial stability and operational performance.
Overall, Wall Street has a Moderate Buy consensus rating on IFS stock based on 2 Buys.
To learn more about Intercorp Financial Services’ risk factors, click here.