Gentera (GENTERA) Q3 2025 earnings summary

Executive summary

• Served over 6.36 million clients in 3Q25, up 11.4% year-over-year, and achieved a record loan portfolio of Ps. 87,793 million (+16.4% YoY), with strong growth in Mexico and Peru.

• Net income for 3Q25 reached Ps. 2,156 million, a 23.3% increase year-over-year; nine-month net income at Ps. 6,485 million, up 42.6%.

• Maintained a solid capital position with Capital/Total Assets at 30.3% and Banco Compartamos ICAP at 31.7%.

• Diversified revenue base, with insurance products contributing 11% of total income and 16.2 million active policies.

• Transformation strategy and digital initiatives improved productivity and efficiency, supporting continued double-digit growth.

Financial highlights

• Total loan portfolio reached Ps. 87,793 million (+16.4% YoY); client base grew 11.4% YoY to 6.36 million.

• Net income for Q3 2025 was Ps. 2,156 million (+23.3% YoY); EPS at MXN 1.33 (+27.5% YoY).

• Net interest income for the nine-month period rose 24.3% YoY; NIM reached 42.2% for 3Q25.

• Efficiency ratio improved to 65.1% (-1.0 pp YoY); operating expenses increased 25.3% YoY due to growth and strategic initiatives.

• Coverage ratio for loan losses at 236.6%.

Outlook and guidance

• Double-digit growth anticipated for both loan book and EPS in 2026, supported by digital transformation and strong demand in Mexico and Peru.

• Expecting to close 2025 at the high end of EPS guidance (MXN 5.15, +36% YoY).

• Asset quality remains stable, with NPL ratio below 4% target.

• Operational expenses projected to grow around 20% for the full year, with most increases being productive.