Intercorp Financial Services releases transcript of Q2 2026 earnings call
Reuters2026/08/24 21:59- Intercorp Financial Services discussed Q2 2026 results on an earnings call attended by the CEO and CFO, Interbank CEO, Interseguro CEO, Inteligo CEO.
- Net income PEN 585 million. ROE 18.5%. Full-year ROE guidance kept above 17% despite potential El Niño provisions.
- Management expects El Niño impacts to start in H2. Forward-looking credit provisions likely in Q3 and Q4, mainly tied to consumer exposure.
- Higher-yielding loans grew 12% y/y. Consumer loans up 9% y/y. Small business loans up 31% y/y.
- NIM pressured by higher funding costs, inflation-linked funding, bond issuance impact, forward arbitrage funding needs, election-related liquidity; partial recovery seen in July.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bank of Canada keeps rates unchanged for the seventh consecutive time: Tariff wars increase inflation risk, 63% of analysts bet on a shift to rate hikes in the first half of 2027
On September 2, the Bank of Canada held its overnight rate at 2.25% for the seventh consecutive time. However, as the US-Canada tariff war has escalated and inflation risks have intensified, the market has shifted to betting on a rate hike. Governor Macklem warned that trade frictions will threaten the sustainability of the recovery. 63% of analysts expect the Bank of Canada to raise rates in the first half of 2027, while market pricing has shifted from expectations of easing to preparing for tightening in a stagflation scenario.
Warren Buffett and Berkshire’s new CEO pick Alphabet to win AI buildout stakes
Cardano Firm TapTools Scraps Revival NFT Sale After Community Backlash
Crypto prices
More
