Intercorp Financial Services (IFS) has released an update.
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Intercorp Financial Services Inc. has reported a strong earnings recovery in the third quarter of 2024, with a net profit of S/ 390 million, doubling its performance from the same period last year. The company’s banking sector saw improved results due to a lower cost of risk, while its insurance premiums grew by 13% year over year, maintaining market leadership in annuities. Additionally, there was significant growth in assets under management, reflecting the company’s strategic focus on expanding its customer base and enhancing digital and ESG indicators.
For further insights into IFS stock, check out TipRanks’ Stock Analysis page.
