NYSE$IFS
Intercorp Financial Services Inc · Q1 2026 earnings
Q1 2026 earnings · · After market close · Investor relations
Briefing
IFS Q1 2026: S/602M net income (+35% YoY), 19.4% ROE as banking, insurance and wealth all accelerate
Intercorp Financial Services Inc. reported strong first-quarter 2026 consolidated results under IFRS in nominal Peruvian soles. Net profit attributable to IFS shareholders was S/598.3 million, up 34.9% year over year, with consolidated net profit of S/601.9 million and annualized ROE of 19.4%. EPS reached S/5.21 versus S/3.86 in Q1 2025. Net interest and similar income after impairment rose 37.0% YoY to S/1,036.4 million, helped by lower loan provisions with cost of risk at 1.4%, down 140 basis points. Banking net profit was S/495.0 million with 19.5% ROE as higher-yielding loans grew 9% YoY and risk-adjusted NIM reached 4.2%. Insurance written premiums grew 35% YoY with ROIP of 8.4%, while wealth management fee income rose 9% YoY on 13% AuM growth. Interest and similar income totaled S/1,776.9 million, up 2.7% YoY, and the efficiency ratio stood at 36.6%.
- Consolidated net profit of S/601.9 million rose 34.9% YoY with annualized ROE of 19.4% and EPS of S/5.21.
- Banking segment net profit of S/495.0 million (+44.4% YoY) benefited from 9% growth in higher-yielding loans and risk-adjusted NIM of 4.2%.
- Loan impairment charges fell sharply to S/184.3 million with cost of risk at 1.4%, down 140 bps YoY on improved client payment behavior.
- Insurance premiums grew 35% YoY; wealth management AuMs rose 13% YoY with fee income up 9%.
- Net interest and similar income after impairment increased 37.0% YoY to S/1,036.4 million on lower provisions and higher investment returns.
Headline financials
Revenue & EPS history
Intercorp · Revenue · Quarterly
PEN 1.78B
Forward guidance
Management highlighted strong business momentum across banking, insurance and wealth management, with improving asset quality, double-digit growth in insurance premiums, and continued AuM expansion supporting earnings.
Tailwinds
- Broad-based profit growth with ROE approaching 20% and lower cost of risk at 1.4%.
- Higher-yielding loan growth and improved funding mix supporting net interest income.
Headwinds
- Higher other expenses across subsidiaries, including technology and personnel at banking.
- Insurance results pressured by inflation-driven annuity expenses versus prior-quarter CSM release.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2026
+1.2%
Avg return
Earnings day
+2.2%
Avg return
5 days after
+3.0%
Avg return
30 days after
54%
13 / 24 earnings
Positive
+9.1%
Q1 2021
Best reaction
-8.5%
Q3 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.0% | +0.9% | +24.0% | |
| Q4 2024 | +4.6% | +6.0% | +3.2% | |
| Q3 2024 | +3.4% | +3.9% | +7.6% | |
| Q2 2024 | +3.9% | +6.6% | +9.4% | |
| Q1 2024 | -4.7% | +2.0% | -2.0% | |
| Q4 2023 | +4.6% | +17.1% | +14.6% | |
| Q3 2023 | -1.7% | -4.4% | +0.5% | |
| Q2 2023 | -4.3% | -6.9% | -10.7% | |
| Q1 2023 | +2.1% | -0.5% | +2.0% | |
| Q4 2022 | -1.2% | +3.3% | -1.4% | |
| Q3 2022 | +3.8% | -3.6% | -5.8% | |
| Q2 2022 | -1.8% | -10.3% | -14.8% | |
| Q1 2022 | +3.2% | +8.5% | +7.8% | |
| Q4 2021 | -2.8% | -1.1% | +1.1% | |
| Q3 2021 | -8.5% | -10.2% | -13.2% | |
| Q2 2021 | +1.5% | +7.9% | +19.3% | |
| Q1 2021 | +9.1% | +3.6% | -5.5% | |
| Q4 2020 | +3.4% | +5.5% | -5.2% | |
| Q3 2020 | +6.4% | +21.7% | +44.9% | |
| Q2 2020 | +7.4% | +7.6% | -6.3% | |
| Q1 2020 | -0.5% | -0.4% | +18.3% | |
| Q4 2019 | +0.9% | -0.5% | -14.0% | |
| Q3 2019 | -0.9% | -3.2% | -1.6% | |
| Q2 2019 | -0.1% | -0.5% | -0.1% | |
| Q1 2019 | — | — | — | |
| Q4 2018 | — | — | — | |
| Q3 2018 | — | — | — | |
| Q2 2018 | — | — | — | |
| Q1 2018 | — | — | — | |
| Q4 2017 | — | — | — | |
| Q3 2017 | — | — | — | |
| Q2 2017 | — | — | — | |
| Q1 2017 | — | — | — | |
| Q4 2016 | — | — | — | |
| Q3 2016 | — | — | — | |
| Q2 2016 | — | — | — | |
| Q1 2016 | — | — | — | |
| Q4 2015 | — | — | — | |
| Q3 2015 | — | — | — | |
| Q2 2015 | — | — | — | |
| Q1 2015 | — | — | — | |
| Q4 2014 | — | — | — | |
| Q3 2014 | — | — | — | |
| Q2 2014 | — | — | — | |
| Q1 2014 | — | — | — | |
| Q4 2013 | — | — | — | |
| Q3 2013 | — | — | — | |
| Q2 2013 | — | — | — | |
| Q1 2013 | — | — | — | |
| Q4 2012 | — | — | — | |
| Q3 2012 | — | — | — | |
| Q2 2012 | — | — | — | |
| Q1 2012 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro