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What Grupo Aval Acciones y Valores (AVAL) Said on Its Q3 Earnings Call

Published by MarketBeat · United States 38 min ago
Image from MarketBeat Media, LLC.
Image from MarketBeat Media, LLC. · MarketBeat

Detailed summary

Grupo Aval Acciones y Valores (NYSE:AVAL) reported a 29% decline in third-quarter attributable net income as weaker investment margins and costs associated with incorporating Itaú’s retail banking business weighed on results. Net income was COP 368 billion, with a return on average equity of 7.9%,

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