Grupo Financiero Inbursa (GFINBUR O) Q3 2025 earnings summary

Executive summary

• Net income for the first nine months of 2025 was $24,121 million pesos, down 5.6% year-over-year, mainly due to lower other operational income and higher loan loss reserves despite a 7.1% increase in financial margin.

• Efficiency ratio remained strong at 17.7%, supporting competitive positioning and cost control.

• Digital transformation advanced, with 95% of transactions and 98.8% of new contracts conducted digitally in September 2025.

Financial highlights

• Financial margin rose to $36,776 million pesos, up 7.1% year-over-year, driven by higher loan volumes and asset quality.

• Loan loss reserves increased 53.6% to $5,085 million pesos, reflecting consumer loan portfolio deterioration.

• Retail deposits grew 15.1% year-over-year to $410,164 million pesos.

• Stockholders' equity increased 9.7% to $275,290 million pesos.

Outlook and guidance

• Strong capital and liquidity positions (CET1 ratio 23.44%, LCR 397.9%) enable continued loan growth and digital expansion.

• Integration of Cetelem and digitalization expected to further improve efficiency and client value.