Grupo Financiero Inbursa (GFINBUR O) Q4 2025 earnings summary

Executive summary

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

• Financial margin rose 4.4% to $49,399 million pesos, driven by loan growth and disciplined balance-sheet management.

• Efficiency ratio remained best-in-class at 17.4% for 2025, with 16.6% in 4Q25.

• Digital transactions accounted for 95.8% of monthly transactions in December 2025.

Financial highlights

• Total loan portfolio grew 4.5% year-over-year to $516,158 million pesos.

• Retail deposits increased 8.2% to $413,114 million pesos.

• Stockholders' equity rose 8.1% to $282,460 million pesos.

• CET1 ratio stood at 23.57%, well above regulatory requirements.

• Loan loss reserves increased 38.4% to $6,841 million pesos.

• Cost of risk was 1.35%; credit loss ratio was 1.07%.

• Extraordinary VAT expense of $1,400 million pesos impacted insurance operations.

Outlook and guidance

• Strong capital and liquidity position supports continued loan growth.

• New co-branded card program with Aeromexico to launch in 2Q26, aiming to expand customer engagement and loyalty.