NYSE : AVAL

Grupo Aval Acciones y Valores S.A. — Financial statements

Financials · Banks - Regional · Colombia

Last price 4.63 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 5.65B

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Financial statements

Income statement

Fiscal year January - December; amounts in COP.

TTMFY2025FY2024FY2023FY2022FY2021
Interest Income on Loans23.83T22.46T23.74T26.53T17.56T11.88T
Interest Income on Investments3.22T3.22T3.23T2.39T1.84T909.26B
Total Interest Income27.04T25.68T26.97T28.92T19.40T12.79T
Interest Paid on Deposits14.58T13.09T14.61T16.21T7.76T2.64T
Interest Paid on Borrowings4.96T4.96T5.43T6.42T3.91T2.02T
Total Interest Expense19.54T18.05T20.04T22.63T11.66T4.66T
Net Interest Income7.50T7.63T6.93T6.29T7.74T8.13T
Income From Trading Activities2.27T1.40T1.40T-916.05B1.56T922.28B
Gain (Loss) on Sale of Assets7.19B6.02B70.86B364.32B125.45B19.39B
Gain (Loss) on Sale of Investments93.73B-25.36B144.62B121.64B-151.42B82.98B
Gain (Loss) on Sale of Equity Investments312.08B350.94B378.40B371.40B372.78B300.22B
Other Non-Interest Income7.92T7.56T6.29T9.68T6.44T6.38T
Total Non-Interest Income10.61T9.29T8.29T9.62T8.34T7.71T
Revenues Before Loan Losses18.11T16.92T15.22T15.91T16.08T15.84T
Provision for Loan Losses3.49T3.53T4.04T4.20T2.48T2.72T
Revenue14.63T13.39T11.18T11.71T13.61T13.12T
Salaries and Employee Benefits3.31T3.23T3.02T3.06T2.83T2.63T
Occupancy Expenses1.03T1.03T938.53B968.49B913.09B842.00B
Amortization of Goodwill & Intangibles372.84B324.02B241.74B240.80B225.14B206.69B
Selling, General & Administrative1.60T1.53T1.40T1.34T1.25T1.14T
Other Non-Interest Expense2.92T2.49T2.29T2.49T1.87T1.74T
Total Non-Interest Expense9.46T8.84T8.10T8.30T7.38T6.78T
EBT Excluding Unusual Items5.17T4.55T3.08T3.41T6.22T6.34T
Asset Writedown73.29B71.70B27.86B74.89B50.46B20.97B
Pretax Income5.24T4.62T3.11T3.49T6.27T6.36T
Income Tax Expense1.80T1.43T941.98B1.31T2.27T2.32T
Earnings From Continuing Operations3.44T3.19T2.17T2.18T4.00T4.04T
Earnings From Discontinued Operations-187.04B18.37B17.69B593.99B1.12T
Minority Interest in Earnings-1.47T-1.49T-1.17T-1.44T-2.11T-1.86T
Net Income1.78T1.72T1.02T739.00B2.48T3.30T
Net Income to Common1.78T1.72T1.02T739.00B2.48T3.30T
Basic Shares Outstanding23.74B23.74B23.74B23.74B23.14B22.28B
Diluted Shares Outstanding23.74B23.74B23.74B23.74B23.14B22.28B
EPS (Basic)74.9572.5242.7531.12107.29148.01
EPS (Diluted)74.9572.5242.7531.12107.29148.01
Dividend Per Share31.8031.8027.6024.0043.2054.00
Effective Tax Rate34.39%31.00%30.31%37.57%36.20%36.50%

Balance sheet

Fiscal year January - December; amounts in COP.

TTMFY2025FY2024FY2023FY2022FY2021
Cash & Equivalents21.97T13.67T7.28T8.41T7.25T16.52T
Investment Securities40.02T37.63T37.69T32.51T33.72T37.38T
Trading Asset Securities35.39T20.63T13.76T12.65T9.86T8.79T
Total Investments75.41T58.26T51.46T45.15T43.58T46.17T
Gross Loans198.24T202.11T209.33T201.81T196.84T239.53T
Allowance for Loan Losses-8.45T-8.43T-10.01T-10.04T-9.20T-11.28T
Other Adjustments to Gross Loans-9.45T-9.19T-15.61T-8.53T-7.96T
Net Loans189.78T184.23T190.13T176.17T179.12T220.30T
Property, Plant & Equipment12.54T8.49T6.03T5.86T6.14T8.09T
Goodwill2.72T2.06T2.22T2.20T2.25T8.49T
Other Intangible Assets33.92T33.52T36.33T33.75T31.44T26.07T
Investments in Real Estate882.98B972.93B906.47B880.96B852.93B
Other Receivables13.31T9.43T10.98T9.64T8.38T6.02T
Restricted Cash551.73B5.69T9.72T10.19T9.79T20.12T
Other Current Assets2.57B27.75T7.35T3.65T2.66T3.03T
Long-Term Deferred Tax Assets1.37T1.63T1.28T1.85T1.77T
Other Real Estate Owned & Foreclosed41.76B44.04B78.19B64.45B68.00B177.74B
Other Long-Term Assets483.86B3.56T3.68T3.91T2.20T9.29T
Total Assets350.74T348.94T327.86T301.18T295.59T366.90T
Accounts Payable3.91T3.52T3.25T3.47T2.80T3.23T
Accrued Expenses993.25B1.27T1.32T1.15T1.15T935.66B
Interest Bearing Deposits220.83T206.94T200.52T181.56T172.50T233.85T
Non-Interest Bearing Deposits636.67B462.55B347.91B430.19B841.50B617.20B
Total Deposits221.47T207.41T200.87T181.99T173.34T234.47T
Short-Term Borrowings29.55T28.90T22.56T20.94T10.85T11.78T
Current Portion of Long-Term Debt6.43T5.30T4.68T25.30T25.14T
Current Portion of Leases143.55B468.39B
Current Income Taxes Payable6.60T203.91B247.50B268.35B228.82B382.35B
Other Current Liabilities2.51T18.59T2.14T2.43T1.90T2.53T
Long-Term Debt41.20T32.49T43.13T39.51T35.40T34.59T
Long-Term Leases2.70T2.83T2.87T2.79T2.19T2.41T
Long-Term Unearned Revenue3.60T3.43T4.34T3.43T3.07T3.03T
Pension & Post-Retirement Benefits934.65B541.93B561.66B522.51B464.50B1.16T
Long-Term Deferred Tax Liabilities5.96T5.62T5.55T5.06T4.33T
Other Long-Term Liabilities2.50T2.61T2.48T2.94T2.87T2.97T
Total Liabilities315.97T314.19T294.70T269.66T264.77T327.43T
Common Stock23.74B23.74B23.74B23.74B23.74B22.28B
Additional Paid-In Capital9.51T9.50T9.51T9.57T9.57T8.49T
Retained Earnings9.41T9.24T8.16T7.73T8.02T13.38T
Comprehensive Income & Other-368.52B-322.15B-243.98B-544.22B-1.15T1.12T
Total Common Equity18.57T18.45T17.45T16.78T16.47T23.01T
Minority Interest16.19T16.30T15.71T14.74T14.35T16.46T
Shareholders' Equity34.77T34.74T33.16T31.52T30.82T39.47T
Total Liabilities & Equity350.74T348.94T327.86T301.18T295.59T366.90T
Total Debt73.46T70.66T73.86T67.91T73.88T74.39T
Net Cash (Debt)-16.09T-36.36T-52.81T-46.85T-56.77T-49.07T
Net Cash Per Share-677.85-1,531.41-2,224.34-1,973.35-2,453.04-2,202.36
Filing Date Shares Outstanding23.74B23.74B23.74B23.74B23.74B22.28B
Total Common Shares Outstanding23.74B23.74B23.74B23.74B23.74B22.28B
Book Value Per Share782.32776.88734.99706.83693.541,032.88
Tangible Book Value-18.06T-17.13T-21.11T-19.17T-17.22T-11.54T
Tangible Book Value Per Share-760.76-721.34-888.90-807.47-725.13-517.87

Cash flow statement

Fiscal year January - December; amounts in COP.

TTMFY2025FY2024FY2023FY2022FY2021
Net Income1.78T1.72T1.02T739.00B2.48T3.30T
Depreciation & Amortization1.43T1.37T1.24T1.15T1.09T1.45T
Gain (Loss) on Sale of Assets-125.28B-116.95B-83.70B-380.76B-145.58B-77.28B
Gain (Loss) on Sale of Investments513.97B257.76B-415.64B2.58T-1.53T-798.19B
Total Asset Writedown-3.07T-2.88T-2.89T-4.02T-5.25T-4.21T
Provision for Credit Losses4.20T4.32T4.69T4.80T3.18T4.55T
Change in Trading Asset Securities-8.20T-6.79T-5.57T-2.76T545.50B696.85B
Change in Other Net Operating Assets-11.03T-10.57T-10.96T-7.56T-20.47T-8.29T
Other Operating Activities-1.03T-2.39T-450.19B-3.52T2.41T2.66T
Net Cash from Discontinued Operations-326.08B-2.01T251.64B-1.39T
Operating Cash Flow-16.16T-17.44T-13.56T-9.35T-19.45T-1.01T
Capital Expenditures-609.11B-629.54B-650.45B-615.19B-547.74B-691.72B
Sale of Property, Plant and Equipment152.46B191.15B112.83B113.84B113.61B134.81B
Cash Acquisitions-1.58T
Investment in Securities-1.48T-2.11T-2.60T1.52T4.61T-4.99T
Income (Loss) Equity Investments-312.08B-350.94B-378.40B-371.40B-372.78B-300.22B
Purchase / Sale of Intangibles-554.29B-501.51B-347.00B170.32B-145.56B-1.56T
Other Investing Activities2.56T1.41T273.98B536.80B-17.12T445.81B
Investing Cash Flow-1.30T-1.43T-3.14T1.84T-13.01T-6.60T
Long-Term Debt Issued528.86B2.22T2.61T695.14B2.93T
Long-Term Debt Repaid-1.94T-2.13T-4.46T-8.22T-2.10T
Lease Payments-391.67B-383.47B-472.08B
Net Debt Issued (Repaid)-1.83T-1.41T89.72B-1.85T-7.53T829.07B
Issuance of Common Stock27.91B120.00M
Repurchase of Common Stock-6.00M-6.00M-55.00B-15.01B-29.75B
Common Dividends Paid-665.18B-625.83B-728.18B-766.54B-414.27B-1.23T
Net Increase (Decrease) in Deposit Accounts24.80T24.82T14.34T15.35T17.84T6.92T
Other Financing Activities-620.93B-624.49B-669.55B-915.93B-615.18B-914.55B
Financing Cash Flow21.71T22.16T12.98T11.82T9.26T5.57T
Foreign Exchange Rate Adjustments-749.07B-1.33T2.12T-2.74T3.59T4.66T
Net Cash Flow3.89T2.36T-1.60T1.57T-19.61T2.62T
Free Cash Flow-16.77T-18.06T-14.21T-9.96T-20.00T-1.71T
Free Cash Flow Margin-114.67%-134.90%-127.18%-85.04%-146.98%-13.01%
Free Cash Flow Per Share-706.44-760.83-598.60-419.56-864.15-76.58
Free Cash Flow After Leases-16.77T-18.06T-14.21T-10.35T-20.38T-2.18T
Cash Interest Paid19.19T17.96T20.73T21.73T10.75T7.26T
Cash Income Tax Paid2.17T2.16T2.00T1.97T1.54T1.75T

Ratios

Fiscal year January - December; amounts in COP.

TTMFY2025FY2024FY2023FY2022FY2021
Market Capitalization5.43B4.79B2.41B2.90B2.66B5.78B
Last Close Price4.343.951.912.182.142.91
PE Ratio9.2610.5010.4515.215.197.13
PS Ratio1.281.350.950.960.951.79
PB Ratio0.540.520.320.360.420.60
Debt / Equity Ratio2.112.032.232.152.401.89
Net Debt / Equity Ratio0.461.051.591.491.841.24
Net Debt / FCF Ratio-0.96-2.01-3.72-4.70-2.84-28.76
Return on Equity (ROE)10.05%9.39%6.70%6.98%11.39%10.79%
Return on Assets (ROA)1.00%0.94%0.69%0.73%1.21%1.17%
Earnings Yield10.80%9.53%9.57%6.58%19.27%14.02%
FCF Yield-96.65%-99.96%-134.01%-88.63%-155.20%-7.26%
Dividend Yield3.54%4.18%6.18%5.07%7.96%5.12%
Payout Ratio32.72%36.35%71.74%103.73%16.68%37.32%
Buyback Yield / Dilution-2.60%-3.87%
Total Shareholder Return3.54%4.18%6.18%2.47%4.09%5.12%