Equity Analysis /

Gentera: Quarterly Report 2Q22: Profit doubles and favorable dynamics continue

  • Gentera recorded another extraordinary quarter achiving all-time highs in both profits and loan porfolio

  • This was because of Compartamos Banco portfolio solid growth, Financiera Peru recovery, and ConCredito advance

  • Given the favorable figures we observe an interesting valuation reduction, P/E multiple fell from 9.0x to 7.4x

Marissa Garza Ostos
Marissa Garza Ostos

Head of Equity Research

2 August 2022
Published byBanorte


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