Intercorp Financial ServicesIFS
Market Cap: $2.89B
About: Intercorp Financial Services Inc is a provider of financial services through banking, insurance, and wealth management businesses, as well as the recent integration of Izipay enhancing its payments ecosystem. The company has four operating segments; the Banking segment includes Mainly loans, credit facilities, deposits, and current accounts, the Insurance segment provides life annuity products with single-premium payment and conventional life insurance products and other retail insurance products, the Wealth Management segment provides brokerage and investment management services, and Payments segment provides administration services, operation and processing of credit and debit cards. Its geographical segments include Peru and Panama.
Employees: 6,266
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 2 (+1) [Q2]
40% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 10
8% more capital invested
Capital invested by funds: $208M [Q1] → $225M (+$17.1M) [Q2]
0.63% more ownership
Funds ownership: 7.55% [Q1] → 8.18% (+0.63%) [Q2]
5% less funds holding
Funds holding: 42 [Q1] → 40 (-2) [Q2]
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
JP Morgan Yuri Fernandes 90% 1-year accuracy 9 / 10 met price target | 19%upside $30 | Overweight Maintained | 12 Sept 2024 |