Banco Actinver S.A., Institución de Banca Múltiple Grupo Financiero Actinver (INFRAEX 18) Q4 2024 earnings summary

Executive summary

• Net income for 2024 was $649 million, down from $793 million in 2023, reflecting higher expenses and credit risk provisions.

• Total assets increased to $59,186 million from $54,353 million year-over-year, driven by credit and investment growth.

• No extraordinary events reported in 2024; 2023 included a strategic alliance with El Puerto de Liverpool.

Financial highlights

• Net interest income rose to $2,754 million from $1,577 million year-over-year, supported by higher interest from reporto and credit portfolios.

• Operating income before taxes was $839 million, down from $1,078 million year-over-year.

• Total credit portfolio (net) reached $28,323 million, up from $25,016 million year-over-year.

• EBTIDA and EBIT not explicitly disclosed; gross margin not specified.

• EPS was 257, compared to 312 in the previous year.

Outlook and guidance

• Management expects continued focus on credit quality, liquidity, and capital adequacy, with no major changes in risk appetite or business model.

• No forward-looking financial guidance provided.