Intercorp Financial Services (NYSE:IFS) Issues Earnings Results, Beats Expectations By $0.19 EPS

Intercorp Financial Services (NYSE:IFSGet Free Report) posted its quarterly earnings results on Wednesday. The company reported $1.13 EPS for the quarter, beating the consensus estimate of $0.94 by $0.19, Zacks reports. Intercorp Financial Services had a net margin of 18.00% and a return on equity of 10.67%.

Intercorp Financial Services Stock Up 4.5 %

Shares of NYSE:IFS opened at $32.45 on Friday. Intercorp Financial Services has a 52 week low of $20.56 and a 52 week high of $33.33. The firm has a 50 day moving average of $29.14 and a 200 day moving average of $26.74. The company has a market capitalization of $3.71 billion, a price-to-earnings ratio of 12.72, a price-to-earnings-growth ratio of 0.27 and a beta of 1.26.

Insider Buying and Selling

In other news, major shareholder Peru Ltd Intercorp bought 13,445 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The stock was bought at an average price of $19.71 per share, with a total value of $265,000.95. Following the completion of the transaction, the insider now directly owns 1,896,159 shares of the company’s stock, valued at approximately $37,373,293.89. The trade was a 0.71 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Intercorp Financial Services Company Profile

(Get Free Report)

Intercorp Financial Services Inc, together with its subsidiaries, offers banking, insurance, wealth management, and payment services for retail and commercial clients in Peru. The company provides loans, credit facilities, deposits, and current accounts; life annuity products with single-premium payment and conventional life insurance products, as well as other retail insurance products; and brokerage and investment management services.

See Also

Earnings History for Intercorp Financial Services (NYSE:IFS)

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