Grupo Aval Acciones y Valores S.A.
NYSE•AVAL
CEO: Ms. Maria Lorena Gutierrez Botero
Sector: Financial Services
Industry: Banks - Regional
Listing Date: 2014-09-23
Grupo Aval Acciones y Valores S.A. provides a range of financial services and products to public and private sector customers in Colombia and Central America. It offers traditional deposit services and products, including checking accounts, savings accounts, time deposits, and other deposits. The company also provides commercial loans comprising general purpose loans, working capital loans, leases, loans funded by development banks, corporate credit cards, and overdraft loans; consumer loans, such as payroll loans, personal loans, automobile and other vehicle loans, credit cards, overdrafts, leases, and general purpose loans; and microcredit and mortgage loans. In addition, the company offers pension and severance fund management services; investment banking, including services relating to capital markets, mergers and acquisitions, and project finance transactions; mobile and online banking services; and bancassurance, insurance, trust, bonded warehousing and brokerage transactions, real estate escrow services, merchandise and document storage and deposit, customs agency, cargo management, surety bond and merchandise distribution services, and payment and collection services. Further, it is involved in equity investments in various sectors, including infrastructure, energy and gas, agribusiness, and hospitality; and treasury operations. The company was incorporated in 1994 and is headquartered in Bogotá, Colombia.
Contact Information
Market Cap
$5.08B
P/E (TTM)
12.4
13.9
Dividend Yield
3.0%
52W High
$4.35
52W Low
$1.96
52W Range
2.4
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 2.4 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024
Financial Dashboard
Q2 2025 Data
Revenue
$2.22B+225.67%
4-Quarter Trend
EPS
$0.10+141.86%
4-Quarter Trend
FCF
$0.00-100.00%
4-Quarter Trend
2024 Annual Earnings Highlights
Key Highlights
Profitability Shows Strong Rebound Net income attributable to owners grew 37.4% to Ps 1.02B, with ROAE improving to 6.0% in 2024, driven by lower funding costs.
Net Interest Margin Expansion NII increased 15.6% to Ps 7.27T, as the Net Interest Margin expanded 32 basis points to 3.2% due to normalized funding pressures.
Stable Asset Quality Metrics Cost of Risk slightly improved by 10 basis points to 2.2% in 2024, reflecting better consumer portfolio quality despite commercial deterioration.
Balance Sheet Growth Continues Total assets grew to Ps 327.86T by year-end 2024, supported by customer deposits increasing to Ps 200.87B.
Risk Factors
Colombian Macroeconomic Exposure Continued exposure to adverse economic, political, and social conditions in Colombia, impacting exchange rates and sovereign credit ratings.
Asset Quality Deterioration Risk Potential for increased impairment losses if consumer loan quality deteriorates further or commercial loan quality worsens from current normalized levels.
Interest Rate Volatility Impact Fluctuations in benchmark rates could adversely affect net interest margins and the valuation of fixed-rate investment portfolios across banking subsidiaries.
Regulatory Compliance Burden Subject to complex and evolving Colombian financial regulations, increasing compliance costs and potential fines for non-adherence across the conglomerate.
Outlook
NIM Convergence Forecast Expect consolidated NIM to converge toward historical levels in 2025 based on improving commercial dynamics and easing funding costs.
Consumer Loan Growth Rebound Anticipate stronger consumer portfolio growth in 2025, supported by recovering household confidence and consumption trends in Colombia.
Continued Digital Transformation Focus Plan to scale digital platforms, including TAG Aval, to enhance operational efficiencies and maintain leadership in digital payments.
NSFR Implementation Preparation Preparing for the final phase of NSFR adoption in September 2025, requiring adjustments to funding structure weightings and liquidity management.
Peer Comparison
Revenue (TTM)
$6.05B
$4.34B
CADE$2.67B
Gross Margin (Latest Quarter)
100.0%
BANF97.6%
63.1%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| WBS | $9.62B | 10.2 | 10.0% | 1.5% |
| CADE | $7.08B | 13.5 | 9.1% | 4.3% |
| AVAL | $5.08B | 12.4 | 8.9% | 20.5% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
+30.0%
Strong Growth
4Q Net Income CAGR
+5.1%
Profitability Improving
Cash Flow Stability
25%
Cash Flow Needs Attention
Research & Insights
Reports
All Years
Form 20-F - FY 2024
Period End: Dec 31, 2024|Filed: Apr 28, 2025|Revenue: $2.88B+0.2%|EPS: $0.21+37.5%BeatForm 20-F - FY 2023
Period End: Dec 31, 2023|Filed: Apr 17, 2024|Revenue: $2.71B-13.9%|EPS: $0.14-61.9%BeatForm 20-F - FY 2022
Period End: Dec 31, 2022|Filed: Apr 14, 2023|Revenue: $3.20B+3.7%|EPS: $0.38-16.5%BeatForm 20-F - FY 2021
Period End: Dec 31, 2021|Filed: Apr 21, 2022|Revenue: $3.50B+17.2%|EPS: $0.52+39.8%BeatForm 20-F - FY 2020
Period End: Dec 31, 2020|Filed: Apr 12, 2021|Revenue: $3.03B-42.7%|EPS: $0.38-47.9%Miss