Intercorp Financial Services Inc. Q4 2025 Earnings Call Summary

Core Insights - Achieved record net income of 1.9 billion in 2025, driven by a 49% year-over-year increase and a recovering core banking business [1] - Performance was bolstered by a favorable Peruvian macro environment, including 3.3% GDP growth, a 10% appreciation of the sol, and stable inflation [1] Financial Performance - Interbank's record results were supported by a disciplined decrease in cost of risk and an optimized funding structure, despite liquidity headwinds from pension fund withdrawals [1] - The insurance segment, Interseguro, leveraged synergies with Inteligo to achieve leadership in private annuities while managing the Ruta de Lima impairment [1] Asset Management - Inteligo reached record assets under management through double-digit growth, benefiting from high client trust and consistent engagement in wealth management [1] Strategic Initiatives - Strategic investments in technology and GenAI are being prioritized to enhance digital excellence, cybersecurity, and personalized customer experiences [1] - The payment ecosystem, specifically Plin and Yape, is successfully driving primary banking relationships and capturing low-cost commercial deposits [1]