Gentera (GENTERA) Q2 2025 earnings summary

Executive summary

• Achieved historic Q2 2025 results with net income of Ps. 2,108 million, up 63.2% year-over-year, and a record loan portfolio of Ps. 83,739 million, up 21.6% year-over-year, serving 5.99 million clients.

• Transformation initiatives and digitalization since 2019 have driven compounded annual net income growth of over 14% in five years.

• Strong performance across all subsidiaries, especially in Mexico and Peru, with robust growth in client base and product offerings.

• Maintained a solid capital position with Capital/Total Assets at 29.3%.

• Completed acquisition of remaining 25% of ConCrédito.

Financial highlights

• Interest income for Q2 2025 was Ps. 11,805 million, up 21.8% year-over-year; net interest margin at 40.9%.

• Net income for Q2 2025 was Ps. 2,108 million, a 63% increase year-over-year; EPS at $1.33, up 77%.

• Six-month net income reached Ps. 4,329 million, the highest in company history.

• Net fees and commissions rose 39.6% to Ps. 1,410 million, mainly from insurance business.

• Efficiency ratio improved to 65.3% from 70.9% in 2Q24.

Outlook and guidance

• EPS guidance for 2025 raised to $5.00–$5.15; loan portfolio growth guidance maintained at 13–16%.

• NIM expected to close the year around 41%; cost of risk revised down to 12.5% from 13%.

• ROE for the year expected around 24%.

• Management confident in sustainable growth and continued digital transformation.

• Double-digit portfolio growth opportunity identified, with continued expansion in Mexico and Peru.