logo
Twitter
Discord
Email
logo
Intercorp Financial Services Inc.

Intercorp Financial Services Inc.

NYSE•IFS
CEO: Lord Luis Felipe Castellanos Lopez-Torres B.B.A.
Sector: Financial Services
Industry: Banks - Regional
Listing Date: 2019-07-01
Intercorp Financial Services Inc., together with its subsidiaries, offers banking, insurance, wealth management, and payment services for retail and commercial clients in Peru. The company provides loans, credit facilities, deposits, and current accounts; life annuity products with single-premium payment and conventional life insurance products, as well as other retail insurance products; and brokerage and investment management services. It engages in the development, management, operation, and processing of credit and debit cards; facilitation of payments and services through commercial stores; and installation and maintenance of infrastructure for transactions through electronic commerce modality and networks of payment methods processors. The company was incorporated in 1897 and is based in Lima, Peru. Intercorp Financial Services Inc. operates as a subsidiary of Intercorp Perú Ltd.
Contact Information
Torre Interbank, Av. Carlos Villarán 140 La Victoria, Lima, 13, Peru
51-1-615-9011
www.ifs.com.pe
Market Cap
$4.46B
P/E (TTM)
7.9
14
Dividend Yield
2.5%
52W High
$43.67
52W Low
$27.66
52W Range
75%
3.4
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 3.4 / 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

Q3 2025 Data

Revenue

$399.09M+14.45%
4-Quarter Trend

EPS

$1.15+20.06%
4-Quarter Trend

FCF

-$25.09M-104.17%
4-Quarter Trend

2024 Annual Earnings Highlights

Key Highlights

Strong Profit Growth 2024 Consolidated net profit reached S/1.30B, up 21.1% year-over-year, driven primarily by lower loan loss provisions.
Interbank Asset Quality Improves Interbank's past-due loan ratio decreased to 2.7% from 3.5% (SBS GAAP), reflecting better client payment behavior.
Interbank Capital Ratios Strengthen Core Equity Tier 1 ratio improved to 15.9% (vs 15.5%), maintaining strong regulatory compliance across key banking entities.
Digital Customer Base Expands Interbank's digital customer base grew 16.7% to 2.92M, supporting efficient operations and cross-selling strategy.

Risk Factors

Holding Company Dividend Reliance Corporate expenses and dividends depend entirely on subsidiary dividend payments, subject to regulatory restrictions.
Peruvian Macroeconomic Shocks Results highly dependent on Peruvian economic stability, political uncertainty, and potential inflation/exchange rate volatility.
Regulatory Compliance Costs Subsidiaries face extensive regulation; non-compliance or new guidelines may increase capital requirements and operational costs.
Interest Rate Fluctuation Exposure Interbank's margin sensitive to funding costs; Interseguro's investment portfolio value exposed to interest rate changes.

Outlook

Focus on Digital Excellence Key strategic priority is achieving digital excellence via platform investment to drive growth and profitability across segments.
Fintech Competition Threat Disruptive innovation from fintechs and insurtechs may increase competition, potentially limiting market share growth and margins.
Basel III Capital Adaptation Subsidiaries must continue adapting to new international banking/insurance guidelines, potentially requiring additional capital.
Sustained Shareholder Payouts 2025 dividend policy mandates minimum 20% distribution of net profits, subject to regulatory capital requirements.

Peer Comparison

Revenue (TTM)

Grupo Financiero Galicia S.A.GGAL
$7.22B
-12.9%
Grupo Aval Acciones y Valores S.A.AVAL
$6.05B
+111.4%
Webster Financial CorporationWBS
$4.34B
+5.1%

Gross Margin (Latest Quarter)

Intercorp Financial Services Inc.IFS
100.0%
-49.5 pp
BancFirst CorporationBANF
97.6%
+29.6 pp
Grupo Financiero Galicia S.A.GGAL
73.0%
-17.1 pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
WBS$9.43B10.010.0%1.5%
GGAL$8.48B11.119.9%5.9%
UBSI$5.12B12.08.1%2.4%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
+3.6%
Moderate Growth
4Q Net Income CAGR
-0.3%
Stable Profitability
Cash Flow Stability
0%
Cash Flow Needs Attention

Research & Insights

Reports
All Years

  • Form 20-F - FY 2024

    Period End: Dec 31, 2024|Filed: Apr 25, 2025|
    Revenue: $2.36B+9.7%
    |
    EPS: $3.03+22.0%
    Beat

  • Form 20-F - FY 2023

    Period End: Dec 31, 2023|Filed: Apr 26, 2024|
    Revenue: $1.10B-14.3%
    |
    EPS: $2.50-35.2%
    Beat

  • Form 20-F - FY 2022

    Period End: Dec 31, 2022|Filed: Apr 25, 2023|
    Revenue: $1.25B+3.1%
    |
    EPS: $3.76-7.2%
    Beat

  • Form 20-F - FY 2021

    Period End: Dec 31, 2021|Filed: Apr 25, 2022|
    Revenue: $1.20B+104.8%
    |
    EPS: $4.01+367.2%
    Beat

  • Form 20-F - FY 2020

    Period End: Dec 31, 2020|Filed: Apr 26, 2021|
    Revenue: $647.57M-57.9%
    |
    EPS: $0.95-74.0%
    Meet