Intercorp Financial Services Q2 2025 Earnings Call Transcript Analysis

Intercorp Financial Services Inc. (IFS) reported Q2 2025 earnings, with Carlos Tori as CEO and Luis Felipe Castellanos as CEO & GM. Michela Casassa Ramat is the CFO. The call is led by Ivan Peill from InspIR Group. The discussion will cover the company's financial results, and questions from investors and analysts will be taken. Forward-looking statements may be made during the call.

Intercorp Financial Services Inc. (IFS) reported its Q2 2025 earnings on August 11, 2025. The company's CEO, Carlos Tori, led the earnings call, which was moderated by Ivan Peill from InspIR Group. The call also featured Luis Felipe Castellanos as CEO & GM and Michela Casassa Ramat as CFO. The discussion covered the company's financial performance, with questions from investors and analysts.

The consensus estimate for Q2 2025 revenue was $378.46 million, and earnings were expected to be $0.98 per share. The full-year 2025 revenue is expected to be $1.84 billion, with earnings anticipated to be $4.44 per share [2]. Over the past 90 days, revenue estimates for IFS have declined from $1.85 billion to $1.84 billion for the full year 2025, while earnings estimates have risen from $4.30 per share to $4.44 per share [2].

Key factors influencing IFS' Q2 earnings include revenue growth driven by lower interest rates and declining deposit costs, which supported loan demand. However, higher expenses, including salaries and employee benefits, as well as administrative costs, are likely to have kept the expense base elevated [1]. The company's significant investment in digitizing operations also contributed to increased expenses [1].

Comparatively, peers such as Itau Unibanco Holding S.A. (ITUB) and HSBC Holdings plc (HSBC) showed varied performance. ITUB reported an 8% YoY increase in earnings for the first half of 2025, driven by higher revenues and a rise in managerial financial margin, despite a rise in non-interest expenses [1]. Conversely, HSBC's pre-tax profit fell by 29% in the second quarter of 2025 due to a decline in revenues and higher expenses [1].

The average target price for IFS is $40.54, with a high estimate of $45.15 and a low estimate of $35.12. The average target implies an upside of 9.41% from the current price of $37.05 [2]. Investors are looking forward to IFS' Q2 2025 earnings report to assess the company's performance and growth prospects.

References:
[1] https://www.ainvest.com/news/peru-intercorp-financial-services-expected-report-q2-earnings-62-1-yoy-increase-2508/
[2] https://finance.yahoo.com/news/intercorp-financial-services-inc-lim-131849519.html