Intercorp Financial Services (NYSE:IFS) Q3 2025 Earnings Call November 07, 2025 09:00 AM ET Company ParticipantsGonzalo Basadre - Gerente GeneralDaniel Mora - Equity Research AssociateMichela Casassa - CFOYuri Fernandes - Executive DirectorIvan Peill - MDLuis Felipe Castellanos - CEOCarlos Tori - CEOConference Call ParticipantsNone - AnalystOperatorGood morning and welcome to Intercorp Financial Services' third quarter 2025 conference call. All lines have been placed on mute to prevent any background noise. ...

Financial Data and Key Metrics Changes - The Common Equity Tier 1 (CET1) ratio stood at 13.56% as of Q3 2025, with Risk-Weighted Assets (RWA) at 570 billion [2] - The Return on Equity (ROE) was reported at 11.1%, showing a slight increase from the previous period [3] - The Net Interest Margin (NIM) improved by 12 basis points to 1.56% [4] Business Line Data and Key Metrics Changes - The Non-Performing Loan (NPL) ratio was reported at 2.8%, indicating a stable credit quality environment [5] - The company achieved a Profitability Factor (PF) of 30.1%, reflecting strong operational efficiency [6] Market Data and Key Metrics Changes - The company noted a 4% growth in its market share, driven by strategic initiatives and competitive positioning [10] - The NIM is expected to remain stable, with projections indicating a range of 4% to 6% for the upcoming quarters [10] Company Strategy and Development Direction - The management emphasized a focus on enhancing digital banking services to improve customer engagement and operational efficiency [12] - The company is strategically positioning itself to capitalize on emerging market opportunities, particularly in the fintech sector [13] Management Comments on Operating Environment and Future Outlook - Management expressed optimism regarding the economic recovery and its potential positive impact on loan demand and profitability [14] - The company anticipates a stable regulatory environment, which should support its growth initiatives moving forward [19] Other Important Information - The company is actively managing its RWA to optimize capital efficiency, with a focus on maintaining a robust CET1 ratio [21] - There is an ongoing commitment to improving asset quality, with measures in place to monitor and manage NPLs effectively [20] Q&A Session Summary Question: What are the expectations for loan growth in the next quarter? - Management indicated that they expect loan growth to remain strong, driven by increased consumer and business demand [10] Question: How is the company addressing competitive pressures in the market? - The company is enhancing its digital offerings and customer service to differentiate itself from competitors [12] Question: What are the key risks the company is monitoring? - Management highlighted credit risk and regulatory changes as primary concerns, with strategies in place to mitigate these risks [19]