Grupo Aval Acciones Y Valores Sa · BVC:GRUPOAVAL
Grupo Aval Acciones Y Valores Sa — Q2 2026 Earnings Presentation
21 slides from Grupo Aval Acciones Y Valores Sa's earnings presentation, Aug 13, 2026
Slide 1: 2Q26 Consolidated Earnings Results. IFRS
2Q26 CONSOLIDATED EARNINGS RESULTS. IFRS Aug 13, 2026
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 (“SEC”). 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 an
Slide 3: Consolidated Key Results for the Quarter
CONSOLIDATED KEY RESULTS FOR THE QUARTER Gross Q/Q: 2.1% $197.7 ROAE: loans Tn Y/Y: 7.6% ATTRIBUTABLE NET INCOME: 12.7% Q/Q: 2.1% +16.7% $221.5 11.3% Deposits 577 Tn Y/Y: 11.5% 495 Net interest Q/Q: 217 bps 5.5% margin* Y/Y: 130 bps 337 7.4% Q/Q: 8 bps Cost of risk, 1.9% net* Y/Y: 5 bps Q/Q: (456) b
Slide 4: Grupo Aval Strategy (2026-2031)
GRUPO AVAL STRATEGY (2026 -2031). OWTH AND VALU GR E Profitable Businesses • Banks Our mission: • • Payments Asset management • Investment banking • Insurance We support and Customer • Real Sector Capital transform businesses, experience Allocation creating opportunities, sustainable development, an
Slide 5: Technology & Innovation
TECHNOLOGY & INNOVATION Know and serve our Accelerate digital customers better business Aval Aval 360 turns every interaction into 0 Di Enables Grupo Aval to launch and scale 36 g insight, enabling more relevant solutions digital products faster. We are close to and deeper customer relationships. la
Slide 6: Macroeconomic Context | Colombia (1|2)
MACROECONOMIC CONTEXT I COLOMBIA (1 I 2) GDP vs. Monthly Activity Monthly Activity Indicator Consumer and Business Indicator -ISE* (YoY%) - ISE (Year-to-date May, YoY%) Confidence*** (Normalized 2002-25) 1.5 5% Public administ. and entertainment 6.8% Consumer 1.0 Utilities 3.6% Business*** 4% 4.1% R
Slide 7: Macroeconomic Context | Colombia (2|2)
MACROECONOMIC CONTEXT I COLOMBIA (2 I 2) Inflation vs. Central Bank Current Account vs. Exchange Rate Primary Fiscal Deficit Central Interest Rate (YoY%, %) (12-month %GDP, USD/COP avg. inverted) Government (% GDP, YTD) 14% -1% 3,000 4% Aval guidance EoP 26: 12.50% 3,266 12% 12.00% -2% -2.3% 2% Aval
Slide 8: Colombian Banking System – LTM Loan Growth
COLOMBIAN BANKING SYSTEM – LTM LOAN GROWTH (Unconsolidated results under Colombian IFRS) Market Share (%) Gross Loans 27.3% 28.6% 29.7% 28.4% 26.8% 26.5% 27.6% 26.5% 24.8% 11.6% 25.1% 25.0% 24.3% System excluding Aval 9.1% 16.9% 17.6% 10.6% 5.3% 14.3% 14.8% 4.6% 8.2% 0.1% 4.8% Aval Banks May-23 Nov-
Slide 9: Colombian Banking System – Loan Quality
COLOMBIAN BANKING SYSTEM – LOAN QUALITY 30 days PDLS / Gross loans (Unconsolidated results under Colombian IFRS) Gross Loans 6.2% 5.4% 5.2% System excluding Aval 4.4% 4.2% 4.7% Aval Banks 4.2% 3.8% May-23 Nov-23 May-24 Nov-24 May-25 Nov-25 May-26 Commercial Loans Consumer Loans Mortgages System excl
Slide 10: Assets and Gross Loans
ASSETS AND GROSS LOANS Figures in Ps. Trillions Y/Y% = 4.5% A/A% 8.9% Total assets Q/Q% = 3.9% 350.7 % Asset contribution 335.7 337.6 22.5 Cash and equivalents 19.1 23.7 7.0 6.4 5.7 50.0 53.9 60.2 Fixed income investments 16.0 17.2 14.9 176.3 55.3 Net loans and leases (1) 52.5 186.8 189.8 54.1 17.3
Slide 11: Funding
FUNDING Figures in Ps. Trillions Total funding Total deposits Y/Y% = 11.0% Y/Y% = 11.5% Q/Q% = 3.8% Q/Q% = 2.1% 216.8 221.5 0.3% 291.9 198.7 0.3% 281.3 0.4% 263.1 9.1% 7.5% 6.8% 6.7% 45.4% 45.9% 6.7% 46.3% 8.6% 8.7% 8.4% 9.1% 11.1% 11.0% 11.8% 43.2% 42.8% 41.5% 77.1% 75.9% 75.5% 2Q25 1Q26 2Q26 Pro f
Slide 12: Capital
CAPITAL Figures in Ps. Trillions Attributable Equity + Minority Interest Attributable Shareholders Equity Y/Y% = 4.6% Y/Y% = 3.3% Q/Q% = 4.4% Q/Q% = 3.4% 33.7 33.6 34.8 17.8 17.8 18.6 15.9 15.8 16.2 17.8 17.8 18.6 2Q25 1Q26 2Q26 Total equity / Assets 10.0% 10.0% 9.9% 2Q25 1Q26 2Q26 Tangible equity r
Slide 13: Net Interest Margin
NET INTEREST MARGIN Figures in Ps. Trillions Net Interest Income (1) Y/Y% = 43.1% Q/Q% = 68.4% 3.6 2.5 2.2 2Q25 1Q26 2Q26 Pro forma Banking segment Grupo Aval NIM (1) 9.40% 8.68% 5.24% 5.06% 5.53% 6.07% NIM on Loans (2) 4.71% 5.05% 4.64% 4.61% 5.19% 5.51% 4.85% 5.05% 4.21% 4.57% 4.41% 5.03% 4.15%4.9
Slide 14: Yields and Cost of Funds
YIELDS AND COST OF FUNDS Banking segment Grupo Aval 16.94% 17.10% 11.95% 11.83% 12.73% 12.09% 11.95% 12.82% 11.97% 11.88% 12.08% 12.05% 11.86% Yield on loans 12.18% 10.29% 10.00% Yield on fixed income 7.89% 7.80% and interbanks & 4.04% overnight funds 3.94% 2Q25 3Q25 4Q25 1Q26 2Q26 2Q25 3Q25 4Q25 1Q
Slide 15: Loan Portfolio Quality | PDL
LOAN PORTFOLIO QUALITY | PDL Figures in Ps. Billions 30 days Past Due Loans / Gross loans Commercial 90 days Past Due Loans / Gross loans Credit quality & Coverage ratios 4.36% 4.22% 3.84% 3.86% 3.86% 4.86% 4.64% 4.37% 4.30% 4.41% 3.86% 3.67% 3.48% 3.34% 3.26% 2Q25 * 3Q25 * 4Q25 * 1Q26 2Q26 3.56% 3.
Slide 16: Loan Portfolio Quality | Stages
LOAN PORTFOLIO QUALITY | STAGES Commercial 50.0% 120.0% 32.8% 33.2% 30.6% 31.0% 31.2% 40.0% 30.0% 6.6% 6.6% 100.0% 7.6% 7.2% 7.2% 20.0% 3.4% 3.6% Loans by stages 3.6% 3.6% 10.0% 80.0% 3.7% 0.0% -10.0% 60.0% 88.8% 89.3% 89.2% 89.8% 89.7% -20.0% -30.0% 40.0% 110.0% 35.2% 35.6% 33.6% 33.8% 33.3% -40.0%
Slide 17: Loan Portfolio Quality | Cost of Risk
LOAN PORTFOLIO QUALITY | COST OF RISK Cost of risk, net - Commercial Cost of risk, net - Consumer Cost of risk loans loans Impairment loss / Average gross loans Impairment loss, net / Average gross loans 2.4% 2.3% 2.1% 2.2% 2.1% 2.0% 1.8% 1.8% 1.9% 1.7% 4.4% 4.0% 3.8% 4.1% 4.1% 0.4% 1.0% 0.6% 0.7% 0
Slide 18: Fees and Other Operating Income
FEES AND OTHER OPERATING INCOME Figures in Ps. Billions Gross fee income Non-financial sector (**) Y/Y% = 4.1% 2Q25 1Q26 2Q26 Q/Q% = -3.7% Energy & gas 279 255 281 1,145 1,239 1,192 4.3% 4.1% Infrastructure 306 709 393 4.4% 25.3% 27.6% 26.3% Hotels 17 19 5 12.3% 12.0% 13.0% Agribusiness -7 -11 -2 57
Slide 19: Efficiency Ratios
EFFICIENCY RATIOS Figures in Ps. Billions * 2Q25 * 1Q26 2Q26 Y/Y% Q/Q% Personnel expenses 802 830 839 4.6% 1.0% Equity tax expense - 312 - N/A N/A General and administrative expenses 1,128 1,240 1,235 9.5% -0.4% Depreciation and amortization 191 215 204 6.9% -4.9% Other expenses 74 (32) 79 7.2% -346
Slide 20: Profitability
PROFITABILITY Figures in Ps. Billions Net income attributable to controlling interest Continuing Operations 856 914 Discontinued Operations 127 495 577 521 344 929 337 730 385 499 474 577 351 110 22 (0) (15) (130) (15) Jun. Accum 2025 Jun. Accum 2026 2Q25 3Q25 4Q25 1Q26 2Q26 20.8 21.9 14.5 14.2 24.3
Slide 21: Thanks.
Thanks.
Grupo Aval Acciones y Valores — Q2 2026 Earnings Presentation on 6ix