Banco Actinver S.A., Institución de Banca Múltiple Grupo Financiero Actinver (INFRAEX 18) Q1 2025 earnings summary

Executive summary

• Net income for Q1 2025 was $131 million, down from $153 million in Q1 2024, reflecting lower margins and higher credit risk costs.

• No extraordinary operations or significant events were reported during the period.

Financial highlights

• Total assets at March 31, 2025, were $64,101 million, a slight decrease from $65,025 million a year earlier.

• Net loan portfolio reached $26,375 million, up from $24,947 million year-over-year.

• Deposits totaled $40,356 million, slightly down from $40,885 million.

• Net interest income for Q1 2025 was $500 million, down from $562 million in Q1 2024.

• Commissions and fees, net, increased to $375 million from $325 million.

• Operating expenses rose to $822 million from $729 million, mainly due to higher technology and administrative costs.

• Return on equity (ROE) was 7.89%, and return on assets (ROA) was 0.85%, both lower than the prior year.

Outlook and guidance

• Management expects continued focus on credit quality and liquidity, with no changes to risk management or capital policies.

• No capital plan or preventive action required under regulatory stress scenarios; capital levels are expected to remain above regulatory minimums.