Davivienda Q3 2026 presentation: strong profits amid revenue miss

On November 13, 2026, Davivienda Group presented its third-quarter 2026 results, revealing a mixed performance that included solid profitability but missing revenue expectations. Net profit for the quarter reached COP 720 billion, with nine-month accumulated earnings at COP 1.85 trillion. The bank achieved a 9.8% increase in earnings per share, beating forecasts, but missed revenue targets by 16.9%.

The strong profitability metrics, however, led to a 1.11% increase in share price, reaching COP 27,400. The bank successfully completed the integration milestone of transferring DAVIbank Colombia's assets, liabilities, and contracts to Banco Davivienda on November 1, 2026. This integration, which closed on December 1, 2025, resulted in a 15% increase in gross loans and a 16% boost in total assets.

The CET1 ratio improved to approximately 11.75% from 12.19% pre-integration. Loan income grew by 1.1% quarter-over-quarter to COP 6,230 billion, but investment and interbank income declined by 32.7% to COP 804 billion, largely due to normalized trading gains. Net interest income decreased marginally by 9.5% to COP 3,316 billion.

Consumer lending led organic growth with a 3.0% increase, while commercial and mortgage loans grew by 1.6% and 1.8%, respectively. Credit quality metrics showed improvement across all loan segments.