Intercorp Financial Services Inc

Chart & Performance

D1W1MN

P/E

11.44

P/S

3.32

EPS

11.26

Div Yield, %

2.68%

Shrs. gr., 5y

0.26%

Rev. gr., 5y

-3.54%

Revenues

4.49b

+9.69%

Net income

1.30b

+21.19%

CFO

-1.78b

Dividend

Apr 17, 20240.95 USD/sh

Profile

Intercorp Financial Services Inc. provides banking, insurance, and wealth management services for retail and commercial clients in Peru. The company operates through three segments: Banking, Insurance, and Wealth Management. It provides transactional accounts, such as cuenta sueldo and cuenta simple; savings accounts; investment accounts; and time deposits, certificates of deposit, and compensation for service time accounts. The company also offers retail banking products, including credit cards, payroll deduction loans, mortgages, and consumer loans, as well as cash, student, and collateralized cash loans. In addition, the company provides corporate, medium-size business, and small business banking services; and commercial banking products, which include commercial real estate, vehicles, machinery and other goods, cash management, trade finance, and electronic factoring products. Further, it offers treasury and institutional banking, as well as securitization services. Additionally, the company provides annuities and conventional life insurance, and other retail insurance products, as well as financial advisory services for equities, fixed income, structured products, alternative investments, and managed accounts; brokerage, and investment management services. As of December 31, 2021, it operated 189 financial stores and 1,581 ATMs. Intercorp Financial Services Inc. was incorporated in 1897 and is based in Lima, Peru. Intercorp Financial Services Inc. operates as a subsidiary of Intercorp Perú Ltd.

URL

https://ifs.com.pe/

IPO date

May 16, 2007

Employees

8,076

Domiciled in

Incorporated in

Valuation

Order:

Title PEN in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title PEN in thousands, except ratios and share amounts	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	4,485,926 9.69%	4,089,501 -36.92%	6,483,311 8.91%
Cost of revenue	2,621,803	2,487,973	2,920,579
Unusual Expense (Income)
NOPBT	1,864,123	1,601,528	3,562,732
NOPBT Margin	41.55%	39.16%	54.95%
Operating Taxes	314,365	275,596	462,537
Tax Rate	16.86%	17.21%	12.98%
NOPAT	1,549,758	1,325,932	3,100,195
Net income	1,300,078 21.19%	1,072,728 -35.69%	1,668,026 -6.82%
Dividends	(427,369)	(511,788)	(751,532)
Dividend yield	12.75%	20.27%	27.71%
Proceeds from repurchase of equity	(122,688)	(80,946)
BB yield	3.66%	3.21%
Debt
Debt current		2,014,600	1,893,494
Long-term debt	9,709,609	8,951,384	8,694,002
Deferred revenue			940,269
Other long-term liabilities	74,706,182	70,755,807	(6,077,986)
Net debt	6,345,847	(18,352,694)	(43,026,405)
Cash flow
Cash from operating activities	(1,777,555)	2,875,192	(1,012,077)
CAPEX	(104,719)	(147,645)	(362,306)
Cash from investing activities	(7,045)	(3,532,725)	(1,393,557)
Cash from financing activities	4,675,259	(3,013,435)	(1,276,223)
FCF	8,716,737	(5,745,814)	6,270,113
Balance
Cash	3,363,762	2,474,859	30,555,721
Long term investments		26,843,819	23,058,180
Excess cash	3,139,466	29,114,203	53,289,735
Stockholders' equity	10,652,821	9,559,639	9,516,543
Invested Capital	92,254,920	82,079,740	76,113,262
ROIC	1.78%	1.68%	3.91%
ROCE	1.95%	1.75%	4.16%
EV
Common stock shares outstanding	114,287	115,012	115,418
Price	29.34 33.67%	21.95 -6.60%	23.50 -10.92%
Market cap	3,353,181 32.82%	2,524,513 -6.92%	2,712,323 -10.92%
EV	9,762,388	(15,770,297)	(40,259,306)
EBITDA	2,277,180	1,980,566	3,898,958
EV/EBITDA	4.29
Interest		2,511,195	1,584,178
Interest/NOPBT		156.80%	44.47%