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

Marissa Garza Ostos

Head of Equity Research @ Banorte

Follow

2 August 2022

• 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

Head of Equity Research @ Banorte

Follow

2 August 2022

2 August 2022

Published byBanorte

Share this report