Grupo Financiero Inbursa (GFINBUR O) Q4 2025 earnings summary

Executive summary

• Net income for 2025 was $31,323 million, down 9.1% year-over-year, mainly due to non-recurring factors, despite solid operational performance.

• Financial margin increased 4.4% year-over-year, driven by higher average loan portfolio and resilient credit risk costs.

• Total loan portfolio grew 4.5% year-over-year, with commercial and consumer loans both contributing to the increase.

• Retail loans rose 13.9% year-over-year, with credit cards up 6.0% and auto loans up 11.7%.

• Capitalization ratio stood at 23.6% at year-end, well above regulatory minimums.

Financial highlights

• Net income: $31,323 million in 2025 vs. $34,464 million in 2024 (-9.1% YoY).

• Financial margin: $49,399 million in 2025 vs. $47,295 million in 2024 (+4.4% YoY).

• Total loan portfolio: $516,158 million in 2025 vs. $493,911 million in 2024 (+4.5% YoY).

• Operating efficiency: 17.4% at year-end 2025.

• Equity: $282,460 million in 2025, up 8.1% year-over-year.

Outlook and guidance

• Credit portfolio quality remains resilient, with a non-performing loan ratio of 1.50%.

• The company expects continued solid liquidity and solvency, with a capitalization ratio well above regulatory requirements.