Grupo Aval Acciones Y Valores Sa · BVC:GRUPOAVAL
Grupo Aval Acciones Y Valores Sa — Q3 2025 Earnings Presentation
18 slides from Grupo Aval Acciones Y Valores Sa's earnings presentation, Nov 13, 2025
Slide 1: 3Q20 Consolidated Earnings Results
3Q20 Consolidated Earnings Results IFRS 1
Slide 2: Disclaimer
Disclaimer Grupo Aval Acciones y Valores S.A. (“Grupo Aval”) is an issuer of securities in Colombia and in the United States.. As such, it is subject to compliance with securities regulation in Colombia and applicable U.S. securities regulation. Grupo Aval is also subject to the inspection and super
Slide 3: Consolidated key results for the quarter
Consolidated key results for the quarter Key results of the quarter: • Aval´s consolidated assets grew by 22% in the last twelve months to COP 334 trillion. 3Q20 vs 3Q20 vs • Consolidated gross loans grew in the last twelve months to COP 210 trillion, COP $tn 3Q19 2Q20 3Q20 or 17%. 3Q19 2Q20 • Conso
Slide 4: Key results per region for the quarter
Key results per region for the quarter Colombia Central America(1) 63.7% of Assets 36.3% of Assets 3Q20 vs 3Q20 vs 3Q20 vs 3Q20 vs COP $tn 3Q19 2Q20 3Q20 3Q19 2Q20 3Q20 3Q19 2Q20 3Q19 2Q20 Gross Loans $ 122.1 $ 132.8 $ 131.8 7.9% -0.7% $ 57.1 $ 76.5 $ 78.3 37.0% 2.3% Balance Deposits $ 117.7 $ 131.6
Slide 5: Macroeconomic context - Colombia (1|2)
Macroeconomic context - Colombia (1|2) GDP Growth (%) Current Account ( % GDP, quarterly) 6.5 Trade balance Current Account Deficit 2% 3.9 3.9 3.8 3.6 3.4 3.4 3.4 3.2 3.1 3.1 2.8 2018 2019 2018 2019 2.6 2.4 2.4 2.2 2.2 2.1 1.8 1.7 1.6 1.4 1.2 1.2 1.0 (2.7%) (3.8%) (3.9%) (4.3%) 0% (2%) (3.0%) (4%) (
Slide 6: Macroeconomic context – Colombia (2|2)
Macroeconomic context – Colombia (2|2) Real and Projected Fiscal Deficit Unemployment (%) Fiscal Rule (% of GDP) 17.0% (1.8)(1.2)(1.1)(1.1)(1.1) (2.4) (2.5) (2.5) (3.0) (3.1) 10.6% 10.8% 11.2% 15.0% (4.0)(3.6) 9.9% 9.8% 10.0% 10.5% 9.1% 9.2% 9.4% 9.7% 8.9% Sep-19 Sep-20 (7.6) Jan-19 Jan-20 Urban 13.
Slide 7: Macroeconomic context – Central America
Macroeconomic context – Central America Growth Outlook – Real GDP Inflation per Country % of total gross portfolio 2019 2020E 2021E CR ES GU HO NI PA Cenam 7% 4.9% 4.0% 3.8% 4.0% 4.0% 3.2% 3.6% 3.0% 2.7% 2.1% 2.3% 2.4% 5% 5.0% 3.4% -0.5% 3% 2.8% -2.0% 2.6% -3.9% 1% -5.9% -5.5% -5.5% 0.3% -6.6% -9.0%
Slide 8: Assets
Assets Figures in Ps. Trillions Total Assets Y/Y% = 21.9%; Exc. Fx = 17.8% Q/Q% = 0.3%; Exc. Fx = -0.8% (1) 333.0 333.9 273.8 3Q19 2Q20 3Q20 Assets Breakdown (%) 23.8 25.7 25.5 2.0 3Q19 2Q20 3Q20 2.0 2.1 10.4 63.7 61.1 60.7 11.3 11.7 Net loans and leases (2) Fixed income investments Unconsolidated e
Slide 9: Loans and receivables
Loans and receivables Figures in Ps. Trillions – Excluding interbank and overnight funds Gross loans Y/Y% = 17.2%; Exc. Fx = 13.1% Q/Q% = 0.4%; Exc. Fx = -0.7% (1) 209.3 210.0 179.3 3Q19 2Q20 3Q20 Gross loans Breakdown Y/Y% Q/Q% 209.3 210.0 0.2% 0.2% Microcredit -9.6 -9.6 -2.8 -2.8 179.3 12.0% 12.4%
Slide 10: Loan portfolio quality
Loan portfolio quality 4.55% 5.16% 4.05% 30 days PDLs / Gross loans Quality 90 days PDLs / Gross loans 3.26% 3.21% 3.00% 3.20% 3.08% Impairment loss / Average gross 2.72% Cost of loans 3.10% Risk Impairment loss, net / Average 2.91% gross loans 2.49% 1.53x 1.53x 1.48x Allowance / 90+ PDLs 1.10x 1.13
Slide 11: Loan portfolio quality
Loan portfolio quality Figures in Ps. Billions 30 days past due loans (1) 90 days past due loans (2) 3Q19 2Q20 3Q20 3Q19 2Q20 3Q20 Commercial 4.26% 4.08% 4.69% 3.67% 3.60% 3.73% Consumer 4.87% 3.80% 5.68% 2.70% 1.96% 2.39% Mortgages 4.78% 4.44% 5.68% 2.71% 2.71% 2.86% Microcredit 17.36% 13.34% 20.58
Slide 12: Funding
Funding Figures in Ps. Trillions Total funding Total deposits Y/Y% = 24.2%; Exc. Fx = 20.2% Y/Y% = 24.7%; Exc. Fx = 20.4% Q/Q% = -0.1%; Exc. Fx = -1.1% Q/Q% = 2.3%; Exc. Fx = 1.2% (1) 282.7 282.5 (2) 227.5 212.2 217.1 174.0 3Q19 2Q20 3Q20 3Q19 2Q20 3Q20 Deposit composition (%) Funding composition (%
Slide 13: Capital
Capital Figures in Ps. Trillions Attributable Equity + Minority Interest Attributable Shareholders Equity Y/Y% = 9.5% Y/Y% = 7.8% Q/Q% = 3.7% Q/Q% = 4.4% 34.2 35.4 32.4 13.0 14.2 14.6 20.8 19.3 19.9 19.3 19.9 20.8 3Q19 2Q20 3Q20 3Q19 2Q20 3Q20 Attributable equity Minority interest Total equity / 11.
Slide 14: NIM – Net Interest Margin
Net Interest Income (1) (Trillions) NIM – Net Interest Margin 3Q20 / 3Q20 / 3Q19 2Q20 3Q20 3Q19 2Q20 Net Interest Margin(1) 3.0 3.3 3.2 8.7% -0.9% 5.68% 5.29% 5.08% 3Q19 2Q20 3Q20 Cost of funds 3.78% 3.26% 2.95% Loans Interest Margin(2) 6.35% 5.79% 5.79% 3Q19 2Q20 3Q20 Avg. Yield on loans 10.37% 9.4
Slide 15: Fees and other operating income
Fees and other operating income Figures in Ps. Billions Gross fee income Non-financial sector (1) Y/Y% = -4.8% ; Exc. Fx = -9.3% 3Q19 2Q20 3Q20 Energy & gas 193 145 194 Q/Q% = 14.0%; Exc. Fx = 15.3% Infrastructure 551 193 637 1,519.2 1,445.9 2.6% Hotels 8 -20 -16 2.6% 18.4% 1,268.3 2.8% Agribusiness
Slide 16: Efficiency ratios
Efficiency ratios Cost to income Cost to assets 51.3% 47.9% 44.0% 3.9% 3.2% 3.1% 3Q19 2Q20 3Q20 3Q19 2Q20 3Q20 Cost to income efficiency ratio is calculated as total other expenses divided by net interest Cost to assets efficiency ratio is calculated as annualized total other expenses divided by inc
Slide 17: Profitability
Profitability Figures in Ps. Billions Net income attributable to controlling interest 743.2 690.9 323.4 3Q19 2Q20 3Q20 EPS $33.4 $14.5 $31.0 (1) ROAA 2.0% 1.5% 0.8% 3Q19 2Q20 3Q20 (2) ROAE 15.8% 13.6% 6.6% 3Q19 2Q20 3Q20 (1)ROAA for each quarter is calculated as annualized Net Income divided by aver
Slide 18: Grupo AVAL
Grupo AVAL