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Grupo Aval Acciones y Valores S.A.

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
Carrera 13 No. 26A – 47, 23rd Floor, Bogotá, Colombia
57-601-743-3222
www.grupoaval.com
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
97%
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)

Grupo Aval Acciones y Valores S.A.AVAL
$6.05B
+111.4%
Webster Financial CorporationWBS
$4.34B
+5.1%
Cadence BankCADE
$2.67B
+12.4%

Gross Margin (Latest Quarter)

Intercorp Financial Services Inc.IFS
100.0%
-49.5 pp
BancFirst CorporationBANF
97.6%
+29.6 pp
United Community Banks, Inc.UCB
63.1%
+7.1 pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
WBS$9.62B10.210.0%1.5%
CADE$7.08B13.59.1%4.3%
AVAL$5.08B12.48.9%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%
    Beat
  • Form 20-F - FY 2023

    Period End: Dec 31, 2023|Filed: Apr 17, 2024|
    Revenue: $2.71B-13.9%
    |
    EPS: $0.14-61.9%
    Beat
  • Form 20-F - FY 2022

    Period End: Dec 31, 2022|Filed: Apr 14, 2023|
    Revenue: $3.20B+3.7%
    |
    EPS: $0.38-16.5%
    Beat
  • Form 20-F - FY 2021

    Period End: Dec 31, 2021|Filed: Apr 21, 2022|
    Revenue: $3.50B+17.2%
    |
    EPS: $0.52+39.8%
    Beat
  • Form 20-F - FY 2020

    Period End: Dec 31, 2020|Filed: Apr 12, 2021|
    Revenue: $3.03B-42.7%
    |
    EPS: $0.38-47.9%
    Miss