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Grupo Aval Acciones y Valores SA Pfd (AVAL)
NYSE:AVAL
Earnings Data
Report Date
Mar 13, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.08Last Year’s EPS
0.02Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 13, 2024
|% Change Since: 44.67%
|Next Earnings Date:Mar 13, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a cautiously optimistic outlook with several positive financial and sustainability achievements, such as record ROE and ESG improvements. However, challenges remain in the commercial loan segment and the broader fiscal environment, indicating a need for strategic navigation of regulatory and market pressures.Company Guidance
During the third quarter of 2024, Grupo Aval reported robust financial performance, with several key metrics indicating positive trends. The return on average equity (ROAE) was 9.7%, marking a return to levels comparable to the third quarter of 2022, driven by improvements in cost of risk and cost control. Loan growth was recorded at 0.7% over the quarter, reaching a market share of 25.2%. The bank's net income to shareholders was 415 billion pesos, with a return on average assets (ROAA) of 0.9%. The cost of risk improved, hovering around 2%, while the net interest margin (NIM) on loans contracted slightly to 4.2%. For 2024, Grupo Aval forecasts loan growth between 6.5% and 7%, with commercial loans expected to grow between 7.5% and 8% and retail loans between 5% and 6%. The NIM is projected in the 3.6% area for 2024, with an anticipated improvement in 2025. The company also highlighted its commitment to ESG initiatives, achieving its highest score in the Corporate Sustainability Assessment and increasing its sustainable goal portfolio to 17.3 trillion pesos.Record Return on Average Equity
Return on average equity was 9.7%, reaching levels comparable to the third quarter of 2022, marking the best result for a third quarter in three years.
Market Share Gains
Grupo Aval gained market share across all loan categories, with notable year-on-year gains of 138 basis points in consumer loans and 100 basis points in mortgages.
Sustainable Growth Initiatives
Grupo Aval's sustainable goal portfolio reached 17.3 trillion pesos, supporting sustainable construction, mobility, SMEs, and renewable energy.
ESG Achievements
Grupo Aval improved its Corporate Sustainability Assessment score by 18 points, placing it in the 90th percentile, and was included in Forbes' list of 25 leading companies in sustainability.
Loan Growth Expectations
For 2025, Grupo Aval expects loan growth in the 10% area, driven by a normalization of monetary policies and improvements in consumer loan quality.
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Grupo Aval Acciones y Valores SA Pfd (AVAL) Earnings, Revenues Date & History
AVAL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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AVAL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 13, 2024 | $1.97 | $2.01 | +2.03% |
| Aug 14, 2024 | $2.06 | $2.08 | +0.97% |
| May 14, 2024 | $2.42 | $2.40 | -0.83% |
| Mar 04, 2024 | $2.44 | $2.43 | -0.41% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Grupo Aval Acciones y Valores SA Pfd (AVAL) report earnings?
Grupo Aval Acciones y Valores SA Pfd (AVAL) is schdueled to report earning on Mar 13, 2025, TBA Not Confirmed.
What is Grupo Aval Acciones y Valores SA Pfd (AVAL) earnings time?
Grupo Aval Acciones y Valores SA Pfd (AVAL) earnings time is at Mar 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AVAL EPS forecast?
AVAL EPS forecast for the fiscal quarter 2024 (Q4) is 0.08.
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