Investors looking for stocks in the Financial - Miscellaneous Services sector might want to consider either Intercorp Financial Services Inc. (IFS) or HA Sustainable Infrastructure Capital (HASI) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zack ...

Core Viewpoint - A conflict has arisen between Intercorp, a major Peruvian conglomerate, and the local government of Miraflores, Lima, following the temporary closure of approximately 15 of its commercial spaces due to alleged safety violations [1][3]. Group 1: Company Overview - Intercorp is led by billionaire Carlos Rodríguez-Pastor and owns significant assets including Peru's third-largest bank, Interbank, and various retail and commercial chains [2]. - The conglomerate operates through subsidiaries such as Intercorp Financial Services Inc and Inretail Peru Corp, which manage banks and malls respectively [2]. Group 2: Incident Details - The closures began last week and affected various types of businesses, including banks, retail stores, restaurants, and movie theaters in the Miraflores neighborhood [1]. - The local mayor, Carlos Canales, stated that the closures were due to "critical" safety issues found during inspections, which he claimed were random [2][5]. Group 3: Legal and Regulatory Context - While Lima's municipalities have the authority to close businesses for local code violations, the scale of the closures targeting a single owner is considered unusual [3]. - Intercorp has contested the legality of the closures, asserting that they lack a technical or legal basis and coincided with a dispute over a canceled real estate deal with the municipality [3][4]. Group 4: Safety Concerns - The municipality cited safety concerns, including unreported gas cylinders at some Intercorp locations, and referenced a past incident involving a fatal roof collapse at a mall owned by an Intercorp subsidiary as a reason for heightened scrutiny [5]. - The exact status of the closures remains unclear, with reports indicating that some businesses, such as a movie theater chain, were not operational as of the latest updates [6]. Group 5: Industry Response - Several Peruvian business associations have expressed concerns regarding the fairness and proportionality of the closures, advocating for adherence to reasonable standards [6].

Group 1 - The article discusses the role of buy-side hedge professionals who conduct fundamental, income-oriented, long-term analysis across various sectors in developed markets globally [1] - It emphasizes the importance of engaging in discussions about investment ideas and strategies among professionals in the hedge fund industry [1] Group 2 - The article includes a disclosure from the analyst indicating a beneficial long position in the shares of IFS, highlighting personal investment interests [2] - It clarifies that the opinions expressed are those of the author and not influenced by any business relationships with companies mentioned [2]

Financial Data and Key Metrics Changes - The company reported a record net income of PEN 1.9 billion, marking a 49% increase compared to the prior year [10][12] - Return on equity (ROE) was strong at 16.8%, with an adjusted ROE of 18.5% excluding the Rutas de Lima impairment [10][20] - Risk-adjusted net interest margin (NIM) increased by 50 basis points to 4% in the last quarter, with a low cost of risk at 2.1% [12][13] Business Line Data and Key Metrics Changes - Interbank achieved a record net income of PEN 1.4 billion, supported by a decrease in cost of risk and an increase in risk-adjusted NIM [7][10] - Interseguro's written premiums grew by 61% year-over-year, driven by private annuities [12][13] - Inteligo reported a 68% increase in revenues, achieving an ROE of 21.5% [17][20] Market Data and Key Metrics Changes - The Peruvian economy is expected to grow by 3.3% in 2025, driven by consumption-related sectors and private investment [4][14] - The Peruvian sol appreciated by approximately 10% over the year, with inflation remaining stable around 1.5% [6][15] - Private investment is projected to grow by 9.5% for the full year, supported by a rebound in mining investment [15][16] Company Strategy and Development Direction - The company remains committed to a focus on profitable growth, prioritizing digital excellence and customer relationships [8][9] - Investments in technology and innovation are key to maintaining competitive advantage and enhancing customer experiences [9][22] - The company aims to strengthen its position in the Peruvian market while managing risks prudently [6][9] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's outlook, citing resilience in downturns and a solid foundation for long-term growth [9][10] - The company anticipates continued growth in higher-yielding loans and a gradual increase in cost of risk as the consumer and small business portfolios expand [29][51] - Management remains cautious due to political cycles and global market volatilities, but expects to maintain a stable growth trajectory [15][16] Other Important Information - The company made a PEN 205 million impairment related to Rutas de Lima, with no further material impairments expected [18][19] - The cost-to-income ratio stands at 36.8%, reflecting ongoing strategic investments [22][30] Q&A Session Summary Question: Impact of Rutas de Lima on future results - Management indicated that they expect no further material impacts from Rutas de Lima, having provisioned around 80% of the expected impairment [45][49] Question: Loan growth and asset quality expectations - Management expects continued growth in higher-yielding loans, with a slight increase in cost of risk anticipated as these loans grow [46][51] Question: Operating expenses growth outlook - Management indicated that operating expenses will likely grow in line with previous years as they continue to invest in technology and strengthen teams [47] Question: Long-term ROE targets - Management targets a midterm ROE of 18%, with potential for 20% as the higher-yielding loan book recovers [56][70]

Financial Data and Key Metrics Changes - The company reported a record net income of PEN 1.9 billion, marking a 49% increase compared to the prior year [11][19] - Return on equity (ROE) was strong at 16.8%, with an adjusted ROE of 18.5% excluding the Rutas de Lima impairment [14][22] - Risk-adjusted net interest margin (NIM) increased by 50 basis points to 4% in the last quarter, with a low cost of risk at 2.1% [14][28] Business Line Data and Key Metrics Changes - Interbank achieved a record net income of PEN 1.4 billion, supported by a decrease in cost of risk and an increase in risk-adjusted NIM [7][19] - The insurance segment, Interseguro, grew its written premiums by 61% year-over-year, driven by private annuities [14][15] - Inteligo, the wealth management segment, reported a double-digit growth in assets under management, reaching new record highs [9][39] Market Data and Key Metrics Changes - The Peruvian economy is projected to grow by 3.3% in 2025, supported by strong private investment and consumption [5][15] - The Peruvian sol appreciated by approximately 10% over the year, with inflation remaining stable [6][17] - Private investment is expected to grow by 9.5% in 2025, driven by mining and non-mining sectors [17][18] Company Strategy and Development Direction - The company is focused on profitable growth, prioritizing digital excellence and deepening primary customer relationships [10][34] - Investments in technology, including GenAI, are key to maintaining competitive advantage and enhancing customer experiences [10][25] - The strategy includes leveraging synergies between business segments to enhance value propositions, particularly in the payments ecosystem [9][34] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's outlook, citing resilience in the platform and a solid foundation for long-term decision-making [10][19] - The company remains cautious due to political cycles and global market volatilities, but expects to maintain profitability and market leadership [5][17] - Future growth is anticipated to be driven by higher-yielding loans and continued investment in technology [14][28] Other Important Information - The company made a PEN 205 million impairment related to Rutas de Lima, with no further material impairments expected [20][48] - The cost-to-income ratio stands at 36.8%, reflecting ongoing strategic investments [25][42] Q&A Session Summary Question: Impact of Rutas de Lima on 2026 - Management expects no further material impacts from Rutas de Lima, with 80% of provisions already accounted for [48][51] Question: Loan Growth and Asset Quality - Loan growth is expected to continue, particularly in higher-yielding segments, with a projected cost of risk around 2.5% [53][54] Question: Operating Expenses Growth - Operating expenses are expected to grow similarly to 2025 as the company continues to invest in technology and strengthen teams [49][50] Question: Sustainable ROE - Management targets a midterm ROE of 18%, with potential for higher returns depending on market conditions and growth in higher-yielding loans [57][58]

4Q25 IFS earnings presentation is.com.pe 2025 k ey messages 1 3 Solid performance across businesses +49 % YoY FY25 net profit 1,943 FY25 Net income IFS S/ mn 4 Strengthening primary banking relationships +11% +14% YoY retail primary banking customers 5 Insurance delivering solid double -digit growth + YoY written Higher -yielding loans continue positive trend +8 % YoY Improving risk - adjusted NIM 2.3 % CoR banking FY25 3.7 % FY25 Risk-adjusted NIM 3.1% Cost of funds FY25 61 premiums % WM continues to deliv ...

Exhibit 99.1 Intercorp Financial Services Inc. Fourth Quarter 2025 Earnings Lima, Peru, February 11, 2026. Intercorp Financial Services Inc. (Lima Stock Exchange/NYSE: IFS) announced today its unaudited results for the fourth quarter 2025. These results are reported on a consolidated basis under IFRS in nominal Peruvian soles. Intercorp Financial Services: Solid performance across businesses Banking: Higher- yielding loans continue positive trend Insurance: delivering solid double.digit growth Wealth Manage ...

Core Viewpoint - Intercorp Financial Services Inc. (IFS) will host its Fourth Quarter 2025 earnings conference call on February 12, 2026, at 9:00 a.m. E.T. / 9:00 a.m. Lima Time, following the release of its financial results on February 11, 2026 [1][2]. Company Overview - Intercorp Financial Services Inc. is incorporated under the laws of Panama and has securities listed on both the Lima Stock Exchange and the New York Stock Exchange [4]. - IFS is a leading provider of financial services in Peru, with main subsidiaries including Interbank, Interseguro, and Inteligo [4]. - Interbank offers full-service banking to retail and commercial customers, while Interseguro provides various insurance products, including annuities and life insurance [4]. - Inteligo focuses on wealth management services and brokerage services [4]. Conference Call Details - The conference call will feature presentations from key executives, including the CEO of IFS, the CFO, and CEOs of its subsidiaries [2]. - Access to the conference call is available via specific phone numbers for both U.S. and international participants, with a dedicated conference ID [2]. - A live video webcast will be available, and a replay will be accessible shortly after the call concludes [2]. Quiet Period - IFS has entered a Quiet Period starting January 20, 2026, during which it will not disclose any financial information or comment on its financial results until after the Fourth Quarter 2025 results are published [3].

Core Viewpoint - The article emphasizes the importance of value investing and highlights Intercorp Financial Services (IFS) as a strong value stock based on its financial metrics and Zacks Rank [1][3][6] Value Investing - Value investing is a popular strategy for identifying great stocks across various market conditions, utilizing established valuation metrics [2] Intercorp Financial Services (IFS) Overview - IFS currently holds a Zacks Rank of 2 (Buy) and a Value grade of A, indicating strong potential for value investors [3] - The stock has a Price-to-Book (P/B) ratio of 1.46, which is attractive compared to the industry average of 3.24 [4] - Over the past year, IFS's P/B ratio has fluctuated between a high of 1.53 and a low of 1.04, with a median of 1.26 [4] - IFS has a Price-to-Cash Flow (P/CF) ratio of 7.19, significantly lower than the industry average of 16.94, suggesting it may be undervalued [5] - The P/CF ratio for IFS has ranged from a high of 8.71 to a low of 6.22 over the past 12 months, with a median of 7.53 [5] - These financial metrics indicate that IFS is likely undervalued and has a strong earnings outlook, making it an impressive value stock [6]

Core Insights - IFS has launched IFS Cloud 25R2, introducing advanced agentic AI capabilities that enhance industrial operations by integrating Digital Workers into the workforce, addressing labor shortages and operational challenges [2][3][4] Group 1: Product Features and Innovations - IFS Cloud 25R2 features IFS Loops Digital Workers that can think, decide, and act autonomously, significantly increasing operational efficiency in industrial settings [2][7] - The new release embeds AI deeply into industrial workflows, enabling automation of complex processes and reducing the burden of repetitive tasks that consume 40-60% of staff capacity [6][10] - Digital Workers are designed to operate 24/7, ensuring continuous workflow execution without downtime, and are fully auditable for compliance in regulated industries [7][8] Group 2: Market Context and Challenges - The industrial sector is facing a capacity crisis, with £17 trillion of capital being invested to modernize infrastructure and address labor shortages, as 50% of the workforce is set to retire in the next five years [3][4] - IFS emphasizes that generic AI solutions are inadequate for industrial applications, highlighting the need for specialized AI tools that can handle the complexities of industrial operations [5][8] Group 3: Customer Impact and ROI - IFS customer Kodiak Gas Services reported that engaging with IFS Loops could yield an ROI of $3 million annually and free up 90,000 hours for field service technicians [4] - The integration of AI in operations has led to significant cost savings, with one customer achieving a 30% reduction in operational costs through streamlined processes [9][10] Group 4: Sustainability and Compliance - IFS Cloud 25R2 incorporates sustainability practices into operational decisions, enhancing compliance and sustainability reporting while driving profitability [10] - New AI-driven capabilities in the suite support real-time orchestration of operations, ensuring that sustainability is integrated into everyday business processes rather than treated as an afterthought [10][12]