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Intercorp Financial Services(IFS) - 2023 Q4 - Annual Report
2024-04-26 20:37
Exhibit 99.1 Intercorp Financial Services Inc. Fourth Quarter 2023 Earnings Lima, Peru, February 12, 2024. Intercorp Financial Services Inc. (Lima Stock Exchange/NYSE: IFS) announced today its unaudited results for the fourth quarter 2023. These results are reported on a consolidated basis under IFRS in nominal Peruvian soles. Intercorp Financial Services: FY23 revenues up 10% YoY, growth across all businesses • 4Q23 earnings of S/ 286 million, up 47% QoQ • Customer base growth continues across businesses • ...
Intercorp Financial Services(IFS) - 2023 Q4 - Annual Report
2024-04-26 19:22
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 19 ...
INTERCORP FINANCIAL SERVICES, INC. TO HOST FIRST QUARTER 2024 EARNINGS CONFERENCE CALL & VIDEO WEBCAST PRESENTATION
Prnewswire· 2024-04-24 13:00
LIMA, Peru, April 24, 2024 /PRNewswire/ -- Intercorp Financial Services Inc. ("IFS" or "the Company") (BVL/NYSE: IFS) announced today that it will host its First Quarter 2024 earnings conference call & video webcast presentation. The conference call will take place on Tuesday, May 14th, 2024, at 10:00 a.m. E.T. / 9 a.m. Lima Time. Presenting for IFS:Mr. Luis Felipe Castellanos, Chief Executive Officer, Intercorp Financial ServicesMs. Michela Casassa, Chief Financial Officer, Intercorp Financial ServicesMr. ...
Intercorp Financial Services Is Ready To Take Off
Seeking Alpha· 2024-04-14 12:14
Carlos Duarte/iStock via Getty Images Intercorp Financial Services (NYSE:IFS) is a leading provider of financial services in Peru. IFS is a holding company that manages its operations through subsidiaries (Fig 1) with four segments: banking (Interbank), insurance (Interseguro), wealth management (Inteligo Bank), and payments (Izipay). Intercorp Peru controls IFS with a 71.22% equity stake. IFS subsidiaries Source: IFS Fiscal Year results presentation - Fig 1 This is the first time we have followed up ...
Intercorp Financial Services(IFS) - 2023 Q4 - Earnings Call Presentation
2024-02-13 19:54
1 2 Digital 3 5 4 Key businesses performance 1 Quarterly GDP growth YoY (%)(1) 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 3.63 4.13 3.85 3 The Central Bank continues to cut rates Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 2024(E) 3.0% 1 Monthly forward-looking probability of a coastal "El Niño" 62% 16% 11% 3% 16% 22% 20% 33% 23% 58% 55% 47% 41% 38% 54% 8% 25% 33% 49% 42% 39% 22% 12% | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------|-------|----------------------------------|-------|-------| ...
Intercorp Financial Services(IFS) - 2023 Q4 - Earnings Call Transcript
2024-02-13 19:52
Good news this quarter is that cost of funds remain flat at 4.2% as shown in Slide 24 as we start to see the first impacts of a decrease in the soles rate. Cost of funds has been rising in the past at market level, mainly due to two reasons. First, a continuous migration of retail deposits to more expensive term deposits, both in soles and dollars, and the higher remuneration to commercial and institutional, mainly in dollars as rates have continued to increase. On Slide 25, the quarterly return of the inve ...
Intercorp Financial Services(IFS) - 2023 Q3 - Earnings Call Transcript
2023-11-12 12:04
Intercorp Financial Services Inc. (NYSE:IFS) Q3 2023 Earnings Conference Call November 9, 2023 9:00 AM ET Valentina Porto - InspIR Group Luis Felipe Castellanos - Chief Executive Officer Michela Casassa - Chief Financial Officer Claudia Delgado - Chief Financial Officer, Deseguro Bruno Ferreccio - Chief Executive Officer, Inteligo Operator It is now my pleasure to turn the call over to Ms. Valentina Porto of InspIR Group. Ma'am, you may begin. Thank you, and good morning, everyone. On today's call, Intercor ...
Intercorp Financial Services(IFS) - 2023 Q3 - Quarterly Report
2023-11-09 01:51
Exhibit 99.1 Intercorp Financial Services Inc. Third Quarter 2023 Earnings Lima, Peru, November 8, 2023. Intercorp Financial Services Inc. (Lima Stock Exchange/NYSE: IFS) announced today its unaudited results for the third quarter 2023. These results are reported on a consolidated basis under IFRS in nominal Peruvian soles. Intercorp Financial Services: 3Q23 earnings of S/ 195.2 mm impacted by CoR and investment results Banking: 3Q23 profitability still affected by rising cost of risk in retail Insurance: 3 ...
Intercorp Financial Services(IFS) - 2023 Q2 - Earnings Call Presentation
2023-08-11 16:17
sound returns 6.4% 23 Loans (US$ mn) 24 We continue to strengthen our payments Leading player in the acquiring business 25 26 Growth in merchants and volumes operation… Revenues (S/ mn) EBITDA (S/ mn) Float Fee income • Fee income • Net interest income Greater transactional volumes from micro merchants P2P system 29 1) Monthly data | Pre-interoperability: Apr23, post-interoperability: Jun23 Capital Profitability Loan growth | --- | --- | --- | |----------|---------|-------| | | | | | | 2023 | 1H23 | | IBK T ...
Intercorp Financial Services(IFS) - 2023 Q2 - Earnings Call Transcript
2023-08-11 00:44
Now, on -- first on Page 6 to 10, let's talk about our growing customer base and sustainable earnings. On Slide 6, the continuous growth of customer base at IFS or 15% year-over-year in banking, 17% in insurance, 10% in wealth management and 53% in payment merchants. Luis Felipe Castellanos Intercorp Financial Services will discuss its second quarter 2023 earnings. We are very pleased to have with us Mr. Luis Felipe Castellanos, Chief Executive Officer, Intercorp Financial Services, Ms. Michela Casassa, Chi ...