Grupo Aval Acciones y Valores S.A. ADR (Each representing 20 preferred shares) (AVAL) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to Grupo Aval's Second Quarter twenty twenty six Consolidated Results Conference Call. My name is Regina, and I will be your operator for today's call. 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 US securities regulation. Grupo Aval is also subject to the inspection and supervision of the superintendency of finance as holding company of the AVAL 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 11/27/2025, Banco de Bogota's subsidiary, Multi Financial 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 03/18/2026, after obtaining the required regulatory authorization and fulfilling all agreed conditions precedent, the transaction was completed. For comparability purposes only, we have prepared and present supplemental unaudited pro form a financial information for the periods prior to four q twenty five, which reflects the reclassification of the operations relating to MFG as non current assets and liabilities held for sale and discontinued operations. The supplemental unaudited pro form a financial information is not intended to represent and should not be considered indicative of the results of operations or financial position tha...