| Group's Financial Information |
The following table presents the Group’s financial information by business segments for the years ended December 31, 2025, 2024 and 2023:
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2025 |
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|
Banking |
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Insurance |
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|
Wealth
management |
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|
Holding, other subsidiaries and eliminations (*) |
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Total
consolidated |
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|
S/(000) |
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|
S/(000) |
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|
S/(000) |
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|
S/(000) |
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|
S/(000) |
|
Total income (**) |
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|
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|
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|
|
|
|
|
|
|
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Third party |
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7,778,285 |
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2,318,167 |
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|
521,218 |
|
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|
708,709 |
|
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|
11,326,379 |
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Inter-segment |
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(173,018 |
) |
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|
(5,614 |
) |
|
|
(4,450 |
) |
|
|
183,082 |
|
|
|
— |
|
Total income |
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|
7,605,267 |
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|
|
2,312,553 |
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|
516,768 |
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|
891,791 |
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11,326,379 |
|
Consolidated statement of income |
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|
|
|
|
|
|
|
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Interest and similar income |
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|
5,815,687 |
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|
921,779 |
|
|
|
160,076 |
|
|
|
(9,165 |
) |
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|
6,888,377 |
|
Interest and similar expenses |
|
|
(1,980,679 |
) |
|
|
(184,452 |
) |
|
|
(98,572 |
) |
|
|
4,732 |
|
|
|
(2,258,971 |
) |
Net interest and similar income |
|
|
3,835,008 |
|
|
|
737,327 |
|
|
|
61,504 |
|
|
|
(4,433 |
) |
|
|
4,629,406 |
|
(Loss) recovery due to impairment of loans |
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|
(1,136,728 |
) |
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|
— |
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|
|
20 |
|
|
|
1 |
|
|
|
(1,136,707 |
) |
(Loss) recovery due to impairment of financial investments |
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|
(30 |
) |
|
|
(264,123 |
) |
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|
376 |
|
|
|
16 |
|
|
|
(263,761 |
) |
Net interest and similar income after impairment loss on loans |
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|
2,698,250 |
|
|
|
473,204 |
|
|
|
61,900 |
|
|
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(4,416 |
) |
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3,228,938 |
|
Fee income from financial services, net |
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|
884,628 |
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(12,622 |
) |
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|
195,956 |
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|
151,669 |
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1,219,631 |
|
Net gain (loss) on sale of financial investments |
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67,504 |
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34,942 |
|
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(391 |
) |
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— |
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|
102,055 |
|
Other income |
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|
552,739 |
|
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237,079 |
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162,869 |
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|
143,134 |
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|
1,095,821 |
|
Result from insurance activities |
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— |
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|
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(47,777 |
) |
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— |
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|
|
(20 |
) |
|
|
(47,797 |
) |
Depreciation and amortization |
|
|
(307,101 |
) |
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|
(20,427 |
) |
|
|
(8,285 |
) |
|
|
(114,454 |
) |
|
|
(450,267 |
) |
Other expenses |
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|
(1,942,038 |
) |
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|
(425,609 |
) |
|
|
(166,997 |
) |
|
|
(178,294 |
) |
|
|
(2,712,938 |
) |
Income (expense) before exchange diference and Income Tax |
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|
1,953,982 |
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238,790 |
|
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245,052 |
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|
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(2,381 |
) |
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2,435,443 |
|
Exchange difference |
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|
2,438 |
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|
35,747 |
|
|
|
(1,137 |
) |
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|
956 |
|
|
|
38,004 |
|
Income Tax |
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|
(481,423 |
) |
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— |
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(12,779 |
) |
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(36,050 |
) |
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(530,252 |
) |
Net profit (loss) for the year |
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1,474,997 |
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|
274,537 |
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|
231,136 |
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(37,475 |
) |
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1,943,195 |
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Attributable to: |
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IFS’s shareholders |
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1,474,997 |
|
|
|
274,537 |
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|
231,136 |
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|
(48,200 |
) |
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|
1,932,470 |
|
Non-controlling interest |
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|
— |
|
|
|
— |
|
|
|
— |
|
|
|
10,725 |
|
|
|
10,725 |
|
|
|
|
1,474,997 |
|
|
|
274,537 |
|
|
|
231,136 |
|
|
|
(37,475 |
) |
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|
1,943,195 |
|
(*) Corresponds to financial information of IFS and other subsidiaries, as well as consolidation adjustments and elimination of intercompany transactions. (**) Corresponds to interest income, net profit on the sale of financial investments, other income, income from commissions for banking services and income from insurance services.
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2024 |
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Banking |
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Insurance |
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|
Wealth
management |
|
|
Holding, other subsidiaries and eliminations (*) |
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Total
consolidated |
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|
|
S/(000) |
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|
S/(000) |
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|
S/(000) |
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|
S/(000) |
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|
S/(000) |
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Total income (**) |
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Third party |
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7,732,766 |
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|
1,760,985 |
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|
435,882 |
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|
685,558 |
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|
10,615,191 |
|
Inter-segment |
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(154,329 |
) |
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(4,517 |
) |
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(2,355 |
) |
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|
161,201 |
|
|
|
— |
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Total income |
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|
7,578,437 |
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|
1,756,468 |
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|
433,527 |
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|
846,759 |
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|
10,615,191 |
|
Consolidated statement of income |
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|
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Interest and similar income |
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|
5,969,629 |
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|
870,993 |
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|
178,160 |
|
|
|
10,609 |
|
|
|
7,029,391 |
|
Interest and similar expenses |
|
|
(2,217,197 |
) |
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|
(153,464 |
) |
|
|
(108,466 |
) |
|
|
(1,143 |
) |
|
|
(2,480,270 |
) |
Net interest and similar income |
|
|
3,752,432 |
|
|
|
717,529 |
|
|
|
69,694 |
|
|
|
9,466 |
|
|
|
4,549,121 |
|
Loss due to impairment of loans |
|
|
(1,719,913 |
) |
|
|
— |
|
|
|
(266 |
) |
|
|
— |
|
|
|
(1,720,179 |
) |
Loss due to impairment of financial investments |
|
|
(982 |
) |
|
|
(45,910 |
) |
|
|
(585 |
) |
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|
(44 |
) |
|
|
(47,521 |
) |
Net interest and similar income after impairment loss on loans |
|
|
2,031,537 |
|
|
|
671,619 |
|
|
|
68,843 |
|
|
|
9,422 |
|
|
|
2,781,421 |
|
Fee income from financial services, net |
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|
791,815 |
|
|
|
(10,628 |
) |
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|
170,955 |
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|
|
190,801 |
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|
|
1,142,943 |
|
Net gain (loss) on sale of financial investments |
|
|
12,995 |
|
|
|
17,664 |
|
|
|
(4,115 |
) |
|
|
— |
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|
|
26,544 |
|
Other income |
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|
500,512 |
|
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|
103,571 |
|
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|
89,331 |
|
|
|
71,653 |
|
|
|
765,067 |
|
Result from insurance activities |
|
|
— |
|
|
|
(169,750 |
) |
|
|
— |
|
|
|
(39 |
) |
|
|
(169,789 |
) |
Depreciation and amortization |
|
|
(294,514 |
) |
|
|
(22,091 |
) |
|
|
(8,734 |
) |
|
|
(87,718 |
) |
|
|
(413,057 |
) |
Other expenses |
|
|
(1,762,494 |
) |
|
|
(379,087 |
) |
|
|
(166,789 |
) |
|
|
(178,789 |
) |
|
|
(2,487,159 |
) |
Income before exchange diference and Income Tax |
|
|
1,279,851 |
|
|
|
211,298 |
|
|
|
149,491 |
|
|
|
5,330 |
|
|
|
1,645,970 |
|
Exchange difference |
|
|
(7,402 |
) |
|
|
(9,390 |
) |
|
|
(2,066 |
) |
|
|
(5,286 |
) |
|
|
(24,144 |
) |
Income Tax |
|
|
(265,096 |
) |
|
|
— |
|
|
|
(10,089 |
) |
|
|
(39,180 |
) |
|
|
(314,365 |
) |
Net profit (loss) for the year |
|
|
1,007,353 |
|
|
|
201,908 |
|
|
|
137,336 |
|
|
|
(39,136 |
) |
|
|
1,307,461 |
|
Attributable to: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
IFS’s shareholders |
|
|
1,007,353 |
|
|
|
201,908 |
|
|
|
137,336 |
|
|
|
(46,519 |
) |
|
|
1,300,078 |
|
Non-controlling interest |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
7,383 |
|
|
|
7,383 |
|
|
|
|
1,007,353 |
|
|
|
201,908 |
|
|
|
137,336 |
|
|
|
(39,136 |
) |
|
|
1,307,461 |
|
(*) Corresponds to financial information of IFS and other subsidiaries, as well as consolidation adjustments and elimination of intercompany transactions. (**) Corresponds to interest income, net profit on the sale of financial investments, other income, income from commissions for banking services and income from insurance services.
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2023 (*) |
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Banking |
|
|
Insurance |
|
|
Wealth
management |
|
|
Holding, other subsidiaries and eliminations (**) |
|
|
Total
consolidated |
|
|
|
S/(000) |
|
|
S/(000) |
|
|
S/(000) |
|
|
S/(000) |
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|
S/(000) |
|
|
|
|
|
|
|
|
|
|
|
|
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Total income (***) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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Third party |
|
|
7,812,858 |
|
|
|
1,695,222 |
|
|
|
291,408 |
|
|
|
630,640 |
|
|
|
10,430,128 |
|
Inter-segment |
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|
(126,620 |
) |
|
|
(4,975 |
) |
|
|
(1,386 |
) |
|
|
132,981 |
|
|
|
— |
|
Total income |
|
|
7,686,238 |
|
|
|
1,690,247 |
|
|
|
290,022 |
|
|
|
763,621 |
|
|
|
10,430,128 |
|
Consolidated statement of income |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest and similar income |
|
|
6,076,020 |
|
|
|
851,648 |
|
|
|
183,926 |
|
|
|
8,817 |
|
|
|
7,120,411 |
|
Interest and similar expenses |
|
|
(2,363,800 |
) |
|
|
(126,704 |
) |
|
|
(98,370 |
) |
|
|
(3,492 |
) |
|
|
(2,592,366 |
) |
Net interest and similar income |
|
|
3,712,220 |
|
|
|
724,944 |
|
|
|
85,556 |
|
|
|
5,325 |
|
|
|
4,528,045 |
|
(Loss) recovery due to impairment of loans |
|
|
(1,981,988 |
) |
|
|
— |
|
|
|
170 |
|
|
|
— |
|
|
|
(1,981,818 |
) |
(Loss) recovery due to impairment of financial investments |
|
|
15 |
|
|
|
(7,858 |
) |
|
|
347 |
|
|
|
(4 |
) |
|
|
(7,500 |
) |
Net interest and similar income after impairment loss on loans |
|
|
1,730,247 |
|
|
|
717,086 |
|
|
|
86,073 |
|
|
|
5,321 |
|
|
|
2,538,727 |
|
Fee income from financial services, net |
|
|
813,279 |
|
|
|
(13,431 |
) |
|
|
146,223 |
|
|
|
232,391 |
|
|
|
1,178,462 |
|
Net (loss) gain on sale of financial investments |
|
|
(660 |
) |
|
|
9,948 |
|
|
|
(2,857 |
) |
|
|
— |
|
|
|
6,431 |
|
Other income (expenses) |
|
|
495,500 |
|
|
|
112,990 |
|
|
|
(37,332 |
) |
|
|
(19,774 |
) |
|
|
551,384 |
|
Result from insurance activities |
|
|
— |
|
|
|
(178,379 |
) |
|
|
— |
|
|
|
(13 |
) |
|
|
(178,392 |
) |
Depreciation and amortization |
|
|
(271,526 |
) |
|
|
(21,658 |
) |
|
|
(15,018 |
) |
|
|
(70,836 |
) |
|
|
(379,038 |
) |
Other expenses |
|
|
(1,678,356 |
) |
|
|
(352,933 |
) |
|
|
(138,589 |
) |
|
|
(201,251 |
) |
|
|
(2,371,129 |
) |
Income (expense) before exchange diference and Income Tax |
|
|
1,088,484 |
|
|
|
273,623 |
|
|
|
38,500 |
|
|
|
(54,162 |
) |
|
|
1,346,445 |
|
Exchange difference |
|
|
(15,969 |
) |
|
|
18,430 |
|
|
|
761 |
|
|
|
5,205 |
|
|
|
8,427 |
|
Income Tax |
|
|
(216,366 |
) |
|
|
— |
|
|
|
(3,081 |
) |
|
|
(56,149 |
) |
|
|
(275,596 |
) |
Net profit (loss) for the year |
|
|
856,149 |
|
|
|
292,053 |
|
|
|
36,180 |
|
|
|
(105,106 |
) |
|
|
1,079,276 |
|
Attributable to: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
IFS’s shareholders |
|
|
856,149 |
|
|
|
292,053 |
|
|
|
36,180 |
|
|
|
(111,654 |
) |
|
|
1,072,728 |
|
Non-controlling interest |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
6,548 |
|
|
|
6,548 |
|
|
|
|
856,149 |
|
|
|
292,053 |
|
|
|
36,180 |
|
|
|
(105,106 |
) |
|
|
1,079,276 |
|
(*) The 2023 balances have been restated to consider the three operating segments, effective from 2024. (**) Corresponds to financial information of IFS and other subsidiaries, as well as consolidation adjustments and elimination of intercompany transactions. (***) Corresponds to interest income, net profit on the sale of financial investments, other income, income from commissions for banking services and income from insurance services.
|