Intercorp Financial Services Files 2024 Annual Report

Ticker: IFS · Form: 20-F · Filed: Apr 25, 2025 · CIK: 1615903

Sentiment: neutral

Topics: annual-report, financial-services, assets, mortgages

TL;DR

Intercorp Financial Services dropped its 2024 20-F, showing asset details and mortgage performance.

AI Summary

Intercorp Financial Services Inc. filed its 20-F annual report for the period ending December 31, 2024. The filing details various financial assets and liabilities, including gross carrying amounts for financial assets at amortized cost and those measured at fair value through other comprehensive income. It also provides information on non-performing and under-performing assets within its mortgage portfolio.

Why It Matters

This filing provides investors with a comprehensive overview of Intercorp Financial Services' financial health and performance for the fiscal year 2024, crucial for investment decisions.

Risk Assessment

Risk Level: medium — The filing contains detailed financial data, including asset classifications and performance metrics, which require careful analysis to assess the company's risk profile.

Key Numbers

Key Players & Entities

FAQ

What is the gross carrying amount of financial assets at amortized cost for Intercorp Financial Services as of December 31, 2024?

The filing indicates 'ifs-full:GrossCarryingAmountMember' for 'ifs:ConstructionAndInfrastructureMember' and 'ifs:FinancialAssetsAtAmortisedCostCategoryMember' as of 2024-12-31, but a specific dollar amount is not provided in this snippet.

What is the status of non-performing assets in Intercorp's mortgage portfolio as of December 31, 2023?

As of 2023-12-31, the filing mentions 'ifs:NonPerformingAssetsMember' and 'ifs:UnderPerformingAssetsMember' within 'ifs:MortgagesMember', with specific grades like 'ifs:StandardGradeMember' and 'ifs:SubStandardGradeMember' for 'ifs:FinancialAssetsNeitherPastDueNorImpairedMember'.

Does the filing provide details on financial assets measured at fair value through other comprehensive income?

Yes, the filing references 'ifs:FinancialServicesMember' with 'ifrs-full:GrossCarryingAmountMember' and 'ifrs-full:FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeCategoryMember' for the period ending 2023-12-31.

What is the company's primary business classification according to the SEC filing?

The company is classified under 'COMMERCIAL BANKS, NEC [6029]' with the organization name '02 Finance'.

What is the filing date and the period of report for this 20-F?

The filing date is 20250425, and the conformed period of report is 20241231.

Filing Details

This Form 20-F (Form 20-F) was filed with the SEC on April 25, 2025 regarding Intercorp Financial Services Inc. (IFS).

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