Grupo Aval Acciones y Valores (AVAL) Projected to Post Quarterly Earnings on Wednesday

Grupo Aval Acciones y Valores (NYSE:AVAL) is expected to be posting its quarterly earnings results before the market opens on Wednesday, May 21st. Analysts expect Grupo Aval Acciones y Valores to post earnings of $0.10 per share and revenue of $4,386.87 billion for the quarter.

Grupo Aval Acciones y Valores (NYSE:AVAL) last released its quarterly earnings results on Monday, May 12th. The bank reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.03). The company had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $1.03 billion. Grupo Aval Acciones y Valores had a net margin of 2.24% and a return on equity of 2.48%. On average, analysts expect Grupo Aval Acciones y Valores to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Grupo Aval Acciones y Valores Price Performance

Grupo Aval Acciones y Valores stock opened at $2.82 on Monday. The company’s 50 day simple moving average is $2.70 and its 200-day simple moving average is $2.49. The company has a market capitalization of $3.34 billion, a price-to-earnings ratio of 16.56 and a beta of 0.83. Grupo Aval Acciones y Valores has a 1 year low of $1.94 and a 1 year high of $3.32. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.00 and a current ratio of 1.03.

Grupo Aval Acciones y Valores Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, May 9th. Stockholders of record on Friday, May 2nd were paid a $0.0084 dividend. This represents a dividend yield of 3.65%. The ex-dividend date of this dividend was Thursday, May 1st. Grupo Aval Acciones y Valores’s dividend payout ratio (DPR) is 40.00%.

About Grupo Aval Acciones y Valores

Grupo Aval Acciones y Valores SA provides a range of financial services and products to public and private sector customers in Colombia and Central America. It offers traditional deposit services and products, including checking accounts, savings accounts, time deposits, and other deposits. The company also provides commercial loans comprising general purpose loans, working capital loans, leases, loans funded by development banks, corporate credit cards, and overdraft loans; consumer loans, such as payroll loans, personal loans, automobile and other vehicle loans, credit cards, overdrafts, leases, and general purpose loans; and microcredit and mortgage loans.