Banco Davivienda S.A. (PFDAVVNDA) Earnings Call Transcripts
Banco Davivienda S.A.'s Latest Earnings Call - Q1 FY2026
In the first quarter of 2026, Banco Davivienda S.A. reported a net profit of COP 305 billion, reflecting a challenging macroeconomic environment with rising inflation and interest rates. Revenue growth was supported by a 1.8% increase in gross loans, reaching COP 202.3 trillion, while the net interest margin stood at 5.67%. Management reaffirmed guidance for gross loan growth between 8% and 10% for the fiscal year, indicating a cautious but optimistic outlook amid ongoing integration efforts and macroeconomic pressures.
Reported metrics
| Metric | Value |
|---|---|
| Net Profit | COP 305 billion (miss) |
| Gross Loans | COP 202.3 trillion (inline) |
| Net Interest Margin | 5.67% (inline) |
| Cost of Risk | 2.14% (inline) |
| 90-Day PDL Ratio | 3.65% (positive) |
| Return on Average Equity | 8.39% (miss) |
Guidance from management
Management expects gross loans to grow between 8% and 10% for 2026, with a cost of risk between 2.1% and 2.3%. They anticipate the 90-day PDL ratio to close the year between 3.3% and 3.8%.
What analysts pressed on
Analysts raised concerns about potential pressures on asset quality due to inflation and interest rates, questioning if the delinquency cycle has peaked. Additionally, there were inquiries regarding the sustainability of the cost-to-income ratio amid integration costs and expected synergies.
Main topics on the call
- Integration Progress — Management highlighted that the integration of operations is proceeding as planned, with expectations for regulatory approvals to be finalized by year-end. CEO Javier Suarez stated, "We are confirming the opportunities t...
- Loan Growth Dynamics — Gross loans increased by 1.8%, with commercial loans growing by 3.2%. Management expects commercial loans to drive growth, stating, "We are expecting a higher growth in the commercial book."
- Asset Quality and Risk Management — The total 90-day PDL ratio improved to 3.65%, indicating stable asset quality. Management emphasized their disciplined approach to origination, stating, "We have tightened our credit policies to safeguard the portfolio a...
- Impact of Inflation and Interest Rates — Management acknowledged rising inflation and interest rates as challenges, with inflation expected to close near 6.5% for the year. They noted, "We are maintaining the same guidance of 2.1% to 2.3% for cost of risk," ref...
Read the full Banco Davivienda S.A. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Banco Davivienda S.A.
Banco Davivienda S.A. (PFDAVVNDA) is a publicly listed company in the Banks industry, within the Financials sector. It trades on BVC and is based in CO. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 27 calls on record spanning March 3, 2020 to August 12, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 27 Banco Davivienda S.A. earnings call transcripts on record, spanning March 3, 2020 to August 12, 2026. Based on this history, Banco Davivienda S.A. reports quarterly. The most recent call on file is dated August 12, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- PFDAVVNDA
- Exchange
- BVC
- Country
- CO
- Sector
- Financials
- Industry
- Banks
- Calls on record
- 27
- First call
- March 3, 2020
- Most recent
- August 12, 2026
- Reporting cadence
- quarterly