Grupo Aval Acciones y Valores S.A. ADR (Each representing 20 preferred shares) (AVAL) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to Grupo EVAL's first quarter 2026 Consolidated Results Conference Call. My name is Regina, and I will be your operator for today's call. Grupo EVAL Acciones y Valores SEA, Grupo EVAL, 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 EVAL is also subject to the inspection and supervision of the Superintendency of Finance as holding company of the Evolve Financial Conglomerate. The consolidated financial information included in this document is presented in accordance with IFRS as currently issued by the IASB. Details of the calculations of non-IFRS measures, such as ROAA and ROAE, among others, are explained when required in this report. On November 27, 2025, Banco de Bogotá subsidiary Multifinancial Holding Inc., MFG, entered into a share purchase agreement with BAC International Corporation, BIC, a subsidiary of BAC Holding International Corp., for the disposal of 99.57% of the issued and outstanding shares of Multifinancial Group Inc., MFG, the parent company of Multibank Inc. On March 18, 2026, After obtaining the required regulatory authorizations and fulfilling all agreed conditions precedent, the transaction was completed. For comparability purposes only, we have prepared and present supplemental unaudited pro forma financial information for the periods prior to 4Q25, which reflects the reclassification of the operations relating to MFG as noncurrent assets and liabilities held for sell and discontinued operations. This supplemental unaudited pro forma financial information is not intended to represent and should not be considered indicative of the results of operations or financial position that would have be...