Intercorp Financial Services Inc
Intercorp Financial Services Inc., together with its subsidiaries, provides banking, insurance, wealth management, and payment services for retail and commercial clients in Peru. The company offers loans, credit facilities, deposits, and current accounts; life annuity products with single payment and life insurance products, as well as other retail insurance products; and brokerage and investment… Read more
Intercorp Financial Services Inc (IFS) - Net Assets
Latest net assets as of September 2025: $11.95 Billion USD
Based on the latest financial reports, Intercorp Financial Services Inc (IFS) has net assets worth $11.95 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($97.13 Billion) and total liabilities ($85.18 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $11.95 Billion |
| % of Total Assets | 12.3% |
| Annual Growth Rate | 15.55% |
| 5-Year Change | 22.61% |
| 10-Year Change | 146.11% |
| Growth Volatility | 14.48 |
Intercorp Financial Services Inc - Net Assets Trend (2006–2024)
This chart illustrates how Intercorp Financial Services Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Intercorp Financial Services Inc (2006–2024)
The table below shows the annual net assets of Intercorp Financial Services Inc from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $10.98 Billion | +9.70% |
| 2023-12-31 | $10.01 Billion | +6.17% |
| 2022-12-31 | $9.43 Billion | +7.92% |
| 2021-12-31 | $8.73 Billion | -2.45% |
| 2020-12-31 | $8.95 Billion | +0.57% |
| 2019-12-31 | $8.90 Billion | +25.60% |
| 2018-12-31 | $7.09 Billion | +21.44% |
| 2017-12-31 | $5.84 Billion | +16.78% |
| 2016-12-31 | $5.00 Billion | +12.05% |
| 2015-12-31 | $4.46 Billion | +3.69% |
| 2014-12-31 | $4.30 Billion | +15.89% |
| 2013-12-31 | $3.71 Billion | +27.66% |
| 2012-12-31 | $2.91 Billion | +22.54% |
| 2011-12-31 | $2.37 Billion | +12.51% |
| 2010-12-31 | $2.11 Billion | +15.73% |
| 2009-12-31 | $1.82 Billion | +28.96% |
| 2008-12-31 | $1.41 Billion | +6.25% |
| 2007-12-31 | $1.33 Billion | +63.45% |
| 2006-12-31 | $813.83 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Intercorp Financial Services Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2258.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $9.74 Billion | 89.23% |
| Common Stock | $1.04 Billion | 9.51% |
| Other Comprehensive Income | $-187.83 Million | -1.72% |
| Other Components | $325.77 Million | 2.98% |
| Total Equity | $10.92 Billion | 100.00% |
Intercorp Financial Services Inc Competitors by Market Cap
The table below lists competitors of Intercorp Financial Services Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fibra Mty S.A.P.I. de C.V.
MX:FMTY14
|
$1.40 Billion |
|
Huaxi Securities Co Ltd Class A
SHE:002926
|
$1.41 Billion |
|
Sterling Check Corp
NASDAQ:STER
|
$1.41 Billion |
|
Eternal Materials Co Ltd
TW:1717
|
$1.41 Billion |
|
Zhejiang Huatie Constr Safety
SHG:603300
|
$1.40 Billion |
|
Guangzhou Friendship Group Co Ltd
SHE:000987
|
$1.40 Billion |
|
NEXTNAV INC. DL-0001
F:KK0
|
$1.40 Billion |
|
Jiujiang Defu Technology Co Ltd Ordinary Shares - Class A
SHE:301511
|
$1.40 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Intercorp Financial Services Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,950,217,000 to 10,915,235,000, a change of 965,018,000 (9.7%).
- Net income of 1,300,078,000 contributed positively to equity growth.
- Dividend payments of 427,369,000 reduced retained earnings.
- Share repurchases of 122,688,000 reduced equity.
- Other comprehensive income decreased equity by 5,730,037,000.
- Other factors increased equity by 5,945,034,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.30 Billion | +11.91% |
| Dividends Paid | $427.37 Million | -3.92% |
| Share Repurchases | $122.69 Million | -1.12% |
| Other Comprehensive Income | $-5.73 Billion | -52.5% |
| Other Changes | $5.95 Billion | +54.47% |
| Total Change | $- | 9.70% |
Book Value vs Market Value Analysis
This analysis compares Intercorp Financial Services Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.49x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 5.22x to 0.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | $9.02 | $47.09 | x |
| 2007-12-31 | $14.73 | $47.09 | x |
| 2008-12-31 | $15.22 | $47.09 | x |
| 2009-12-31 | $19.68 | $47.09 | x |
| 2010-12-31 | $23.00 | $47.09 | x |
| 2011-12-31 | $26.04 | $47.09 | x |
| 2012-12-31 | $31.98 | $47.09 | x |
| 2013-12-31 | $33.60 | $47.09 | x |
| 2014-12-31 | $38.31 | $47.09 | x |
| 2015-12-31 | $39.85 | $47.09 | x |
| 2016-12-31 | $45.02 | $47.09 | x |
| 2017-12-31 | $54.34 | $47.09 | x |
| 2018-12-31 | $63.82 | $47.09 | x |
| 2019-12-31 | $78.53 | $47.09 | x |
| 2020-12-31 | $77.16 | $47.09 | x |
| 2021-12-31 | $75.25 | $47.09 | x |
| 2022-12-31 | $81.20 | $47.09 | x |
| 2023-12-31 | $86.51 | $47.09 | x |
| 2024-12-31 | $95.51 | $47.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Intercorp Financial Services Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.91%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.68%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 8.75x
- Recent ROE (11.91%) is below the historical average (20.05%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 24.64% | 16.30% | 0.13x | 11.93x | $111.63 Million |
| 2007 | 21.31% | 17.88% | 0.13x | 9.15x | $147.44 Million |
| 2008 | 17.73% | 12.65% | 0.12x | 11.84x | $108.72 Million |
| 2009 | 28.00% | 21.59% | 0.13x | 10.08x | $325.60 Million |
| 2010 | 23.80% | 19.62% | 0.12x | 10.43x | $289.35 Million |
| 2011 | 29.60% | 20.48% | 0.15x | 9.63x | $462.53 Million |
| 2012 | 24.41% | 19.72% | 0.13x | 9.20x | $416.62 Million |
| 2013 | 26.28% | 23.25% | 0.12x | 9.80x | $600.95 Million |
| 2014 | 22.65% | 20.16% | 0.12x | 9.63x | $530.00 Million |
| 2015 | 28.35% | 22.34% | 0.11x | 11.51x | $797.21 Million |
| 2016 | 19.36% | 19.44% | 0.09x | 10.60x | $456.70 Million |
| 2017 | 17.71% | 20.20% | 0.08x | 10.41x | $447.32 Million |
| 2018 | 15.38% | 19.50% | 0.09x | 9.04x | $379.47 Million |
| 2019 | 16.27% | 22.85% | 0.09x | 8.08x | $555.57 Million |
| 2020 | 4.30% | 6.29% | 0.07x | 9.91x | $-507.55 Million |
| 2021 | 20.61% | 28.44% | 0.07x | 10.36x | $921.67 Million |
| 2022 | 17.80% | 22.49% | 0.08x | 9.33x | $730.78 Million |
| 2023 | 10.78% | 12.20% | 0.10x | 9.01x | $77.71 Million |
| 2024 | 11.91% | 14.68% | 0.09x | 8.75x | $208.55 Million |
Industry Comparison
This section compares Intercorp Financial Services Inc's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $25,670,820,700
- Average return on equity (ROE) among peers: 9.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Intercorp Financial Services Inc (IFS) | $11.95 Billion | 24.64% | 7.13x | $1.40 Billion |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $4.91 Billion |
| ACNB Corporation (ACNB) | $2.75 Billion | 1.01% | 0.01x | $462.57 Million |
| Addiko Bank AG (ADBKF) | $839.50 Million | 5.41% | 6.63x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $120.97 Million | 6.26% | 5.51x | $79.94 Million |
| Absa Group Limited (AGRPF) | $19.52 Billion | 23.08% | 14.72x | $6.72 Billion |
| AIB Group plc (AIBGY) | $14.46 Billion | -16.17% | 8.45x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $211.22 Billion | 31.48% | 8.02x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $7.32 Billion | 8.44% | 8.89x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |