Demonstrações financeiras detalhadas de Intercorp Financial Services Inc. (IFS): demonstração de resultados, balanço patrimonial e fluxo de caixa. Acompanhe a evolução de margens, dívida, liquidez e rentabilidade ano a ano com até 20 anos de histórico.
Resumo da Análise
Intercorp Financial Services Inc. registou receitas de $9.24B no último exercício, com um CAGR de 5 anos de 8.7%. O lucro líquido atingiu $1.82B, com CAGR de 5 anos de 36.6%.
Margens dos últimos 12 meses: margem bruta 64.1%, margem operacional 29.4%, margem líquida 23.3%. O fluxo de caixa livre cresceu a CAGR de -36.6% em 5 anos.
Ao preço atual de $54.77, IFS negocia a um P/L de 9.74 e um ROE de 16.90%. A capitalização de mercado é de $6.1B.
Demonstração de Resultados (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Receita | $4.86B | $5.09B | $5.56B | $6.31B | $6.09B | $6.29B | $7.42B | $8.79B | $8.86B | $9.24B |
| Custo da Receita | $1.83B | $1.92B | $1.80B | $2.13B | $3.54B | $1.37B | $2.37B | $4.46B | $4.05B | $3.21B |
| Lucro Bruto | $3.03B | $3.17B | $3.76B | $4.17B | $2.56B | $4.92B | $5.05B | $4.34B | $4.80B | $6.03B |
| P&D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Despesas Gerais e Administrativas | $1.57B | $1.62B | $1.99B | $1.92B | $1.85B | $2.14B | $2.40B | $2.46B | $2.53B | $1.05B |
| Despesas Operacionais | $1.76B | $1.82B | $2.22B | $2.25B | $2.20B | $2.53B | $2.88B | $2.99B | $3.16B | $3.71B |
| Lucro Operacional | $1.26B | $1.34B | $1.54B | $1.93B | $356.3M | $2.39B | $2.17B | $1.35B | $1.65B | $2.33B |
| EBITDA | $1.39B | $1.49B | $1.71B | $2.19B | $625.1M | $2.67B | $2.50B | $1.73B | $2.06B | $2.75B |
| Despesas com Juros | $1.05B | $1.08B | $1.14B | $1.36B | $1.13B | $987.3M | $1.58B | $2.51B | $2.32B | $2.13B |
| Lucro Antes de Impostos | $1.26B | $1.34B | $1.54B | $1.93B | $356.3M | $2.39B | $2.17B | $1.35B | $1.65B | $2.32B |
| Imposto | $333.9M | $326.5M | $415.5M | $493.3M | -$72.9M | $502.1M | $462.5M | $275.6M | $314.4M | $499.8M |
| Lucro Líquido | $944.6M | $1.03B | $1.08B | $1.44B | $383.3M | $1.79B | $1.67B | $1.07B | $1.30B | $1.82B |
| LPA | $8.72 | $9.63 | $9.82 | $12.78 | $3.32 | $15.51 | $14.39 | $9.33 | $11.38 | $16.31 |
| LPA Diluído | $8.72 | $9.63 | $9.82 | $12.78 | $3.32 | $15.51 | $14.39 | $9.33 | $11.38 | $16.31 |
| Ações em Circulação (Diluídas) | $108.4M | $106.7M | $110.4M | $112.8M | $115.4M | $115.4M | $115.4M | $115.0M | $114.3M | $111.7M |
Demonstração de Resultados (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Receita | $2.19B | $1.28B | $3.07B | $2.42B |
| Lucro Bruto | $1.34B | $513.1M | $2.34B | $1.55B |
| Lucro Operacional | $568.4M | $615.9M | $754.6M | $696.5M |
| EBITDA | $696.8M | $723.1M | $860.8M | $1.42B |
| Lucro Líquido | $453.3M | $455.3M | $597.3M | $582.3M |
| LPA | $4.07 | $4.14 | $5.38 | $5.25 |
| LPA Diluído | $4.07 | $4.14 | $5.38 | $5.25 |
Balanço (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caixa e Equivalentes | $11.77B | $9.63B | $7.58B | $9.94B | $18.16B | $17.13B | $13.00B | $9.60B | $12.20B | $11.98B |
| Investimentos de Curto Prazo | $9.52B | $15.46B | $14.17B | $15.31B | $19.53B | $18.54B | $17.55B | $21.69B | $21.18B | $108.5M |
| Contas a Receber | $1.06B | $5.03B | $3.56B | $3.26B | $3.14B | $3.35B | $3.93B | $5.08B | $5.48B | $2.25B |
| Estoque | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Ativos Circulantes | $22.42B | $30.13B | $25.32B | $28.51B | $40.84B | $39.29B | $34.51B | $36.79B | $3.36B | $13.12B |
| Imobilizado | $589.8M | $612.6M | $622.5M | $950.9M | $844.4M | $815.1M | $791.4M | $804.8M | $814.4M | $967.2M |
| Ágio | 0 | $432.9M | $432.9M | $430.6M | $430.6M | $430.6M | $669.1M | $669.1M | $669.1M | $669.1M |
| Ativos Intangíveis | $267.4M | $488.7M | $521.7M | $548.6M | $611.9M | $614.1M | $964.1M | $1.02B | $998.7M | $957.0M |
| Ativos Totais | $51.72B | $60.39B | $63.74B | $71.56B | $88.24B | $89.95B | $87.48B | $89.62B | $95.50B | $99.09B |
| Contas a Pagar | $1.16B | $182.0M | $327.6M | $128.0M | $235.4M | $615.0M | $118.4M | $236.7M | $438.4M | $246.6M |
| Dívida de Curto Prazo | $1.61B | $1.44B | $1.39B | $1.57B | $1.45B | $1.60B | $1.86B | $2.01B | $2.43B | $6.35B |
| Passivos Circulantes | $38.20B | $32.64B | $33.63B | $37.85B | $46.91B | $59.63B | $49.59B | $50.68B | $55.98B | $6.35B |
| Dívida de Longo Prazo | $5.10B | $6.27B | $7.18B | $7.41B | $8.09B | $8.39B | $8.50B | $8.77B | $9.24B | $6.28B |
| Passivos Totais | $46.72B | $54.56B | $56.66B | $62.66B | $79.28B | $81.22B | $78.06B | $79.62B | $84.53B | $86.67B |
| Reservas | $2.03B | $1.56B | $1.20B | $2.15B | $1.30B | $2.22B | $2.36B | $2.92B | $9.74B | $2.18B |
| Patrimônio Líquido | $4.88B | $5.80B | $7.05B | $8.86B | $8.91B | $8.68B | $9.37B | $9.95B | $10.92B | $12.35B |
| Dívida Total | $6.71B | $7.71B | $8.57B | $9.32B | $9.82B | $10.22B | $10.47B | $10.88B | $11.82B | $12.78B |
| Dívida Líquida | -$14.57B | -$17.38B | -$13.19B | -$15.93B | -$27.88B | -$25.46B | -$20.08B | -$20.42B | -$21.56B | $684.7M |
| Capital de Giro | -$15.78B | -$2.52B | -$8.30B | -$9.34B | -$6.07B | -$20.34B | -$15.07B | -$13.88B | -$52.62B | $6.76B |
Balanço (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caixa e Equivalentes | $11.57B | $12.39B | $13.29B | $15.97B |
| Ativos Totais | $97.13B | $99.10B | $102.29B | $105.35B |
| Passivos Totais | $85.18B | $86.68B | $89.88B | $92.41B |
| Patrimônio Líquido | $11.88B | $12.35B | $12.33B | $12.87B |
| Dívida Total | $11.98B | $11.00B | $12.33B | $14.04B |
Fluxo de Caixa (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Lucro Líquido | $950.2M | $1.03B | $1.09B | $1.45B | $383.5M | $1.80B | $1.68B | $1.08B | $1.31B | $1.94B |
| Depreciação e Amortização | $130.1M | $145.2M | $164.7M | $262.0M | $268.8M | $279.7M | $336.2M | $379.0M | $413.1M | $450.3M |
| Compensação em Ações | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Variação Capital de Giro | -$96.1M | $1.93B | -$3.51B | -$141.7M | $10.91B | -$778.6M | -$3.64B | -$176.2M | -$189.7M | -$1.02B |
| Fluxo de Caixa Operacional | $1.40B | $3.41B | -$2.05B | $1.67B | $12.99B | $1.35B | -$1.01B | $2.88B | -$1.78B | $1.83B |
| CapEx | -$212.4M | -$245.2M | -$200.6M | -$210.7M | -$248.4M | -$257.8M | -$362.3M | -$428.0M | -$104.7M | -$523.4M |
| Aquisições | 0 | -$660.5M | 0 | 0 | 0 | 0 | -$193.2M | 0 | 0 | 0 |
| Recompra de Ações | -$199.9M | 0 | 0 | -$196000 | -$2.6M | -$594000 | 0 | -$80.9M | -$122.7M | -$262.5M |
| Dividendos Pagos | -$496.9M | -$475.8M | -$510.7M | -$654.5M | -$698.2M | -$633.9M | -$751.5M | -$511.8M | -$427.4M | -$406.8M |
| Fluxo de Caixa Livre | $1.18B | $3.16B | -$2.25B | $1.46B | $12.75B | $1.09B | -$1.37B | $2.45B | -$1.88B | $1.31B |
Fluxo de Caixa (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Fluxo de Caixa Operacional | -$1.20B | $2.86B | -$104.7M | $2.80B |
| CapEx | -$75.0M | -$236.8M | -$113.2M | -$88.8M |
| Fluxo de Caixa Livre | -$1.27B | $2.62B | -$217.8M | $2.71B |
| Dividendos Pagos | 0 | $13.3M | 0 | -$724.0M |
| Compensação em Ações | 0 | 0 | 0 | 0 |
Crescimento e Margens (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crescimento Receita (anual) | | +4.7% | +9.3% | +13.4% | -3.4% | +3.3% | +17.8% | +18.5% | +0.7% | +4.3% |
| Crescimento Lucro Líquido (anual) | | +8.8% | +5.5% | +32.9% | -73.4% | +367.1% | -6.8% | -35.7% | +21.2% | +40.1% |
| Crescimento LPA (anual) | | +10.4% | +2.0% | +30.1% | -74.0% | +367.2% | -7.2% | -35.2% | +22.0% | +43.3% |
| Variação de Ações (anual) | | -1.5% | +3.5% | +2.1% | +2.4% | -0.0% | -0.0% | -0.4% | -0.6% | -2.3% |
| Crescimento FCF (anual) | | +166.9% | -171.1% | +164.9% | +774.1% | -91.5% | -226.3% | +278.1% | -176.9% | +169.4% |
| Margem Bruta | 62.3% | 62.3% | 67.7% | 66.2% | 42.0% | 78.2% | 68.1% | 49.3% | 54.2% | 65.3% |
| Margem Operacional | 26.0% | 26.4% | 27.7% | 30.5% | 5.8% | 38.0% | 29.2% | 15.3% | 18.6% | 25.2% |
| Margem EBITDA | 28.7% | 29.3% | 30.7% | 34.7% | 10.3% | 42.4% | 33.7% | 19.6% | 23.2% | 29.8% |
| Margem Líquida | 19.4% | 20.2% | 19.5% | 22.8% | 6.3% | 28.4% | 22.5% | 12.2% | 14.7% | 19.7% |
| Margem FCF | 24.4% | 62.1% | -40.4% | 23.1% | 209.1% | 17.3% | -18.5% | 27.8% | -21.3% | 14.1% |
| Taxa Efetiva de Imposto | 26.4% | 24.3% | 26.9% | 25.6% | -20.5% | 21.0% | 21.4% | 20.5% | 19.1% | 21.5% |
Dados por Ação (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Ação | $10.93 | $29.61 | $-20.34 | $12.93 | $110.40 | $9.43 | $-11.91 | $21.28 | $-16.47 | $11.70 |
| Dividendo por Ação | $4.58 | $4.46 | $4.62 | $5.80 | $6.05 | $5.49 | $6.51 | $4.45 | $3.74 | $3.64 |
| Ações em Circulação (Básicas) | $108.4M | $106.7M | $110.4M | $112.8M | $115.4M | $115.4M | $115.4M | $115.0M | $114.3M | $111.7M |
O que olhar em empresas de Financial Services
- Efficiency Ratio (≤55%) — Despesas operacionais / receita. Bancos top abaixo de 55%.
- ROA (≥1%) — Quanto ganham por cada euro de ativos. ROE engana em bancos pela alavancagem.
- ROTCE (≥12%) — Rentabilidade sobre Capital Tangível. Exclui goodwill e intangíveis.
- Capital / Ativos (proxy Tier 1) (≥8%) — Proxy do rácio de capital. FMP não expõe Tier 1 regulatório direto.
- P/B (1,0-1,5x) — Métrica clássica bancária. <1x pode ser oportunidade ou distress.
- Dividend yield sustentável (≥2%, <8%) — Bancos UE pagam 5-7% sem stress. >8% é sinal de distress.
Rentabilidade
| Retorno sobre patrimônio | 16.90% |
| Retorno sobre capital investido | 4.58% |
| Retorno sobre ativos | 1.98% |
| Margem bruta | 64.11% |
| Margem operacional | 29.43% |
| Margem líquida | 23.32% |
Saúde financeira
| Dívida / Patrimônio | 1.09 |
| Liquidez corrente | 0.74 |
Índices Chave (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/L | 14.80 | 12.93 | 13.19 | 10.70 | 35.26 | 6.78 | 6.21 | 8.70 | 9.72 | 8.73 |
| P/VP | 2.87 | 2.29 | 2.03 | 1.74 | 1.52 | 1.40 | 1.10 | 0.94 | 1.16 | 1.29 |
| P/V | 2.88 | 2.61 | 2.57 | 2.44 | 2.22 | 1.93 | 1.39 | 1.06 | 1.43 | 1.72 |
| Margem Bruta | 62.3% | 62.3% | 67.7% | 66.2% | 42.0% | 78.2% | 68.1% | 49.3% | 54.2% | 65.3% |
| Margem Operacional | 26.0% | 26.4% | 27.7% | 30.5% | 5.8% | 38.0% | 29.2% | 15.3% | 18.6% | 25.2% |
| Margem Líquida | 19.4% | 20.2% | 19.5% | 22.8% | 6.3% | 28.4% | 22.5% | 12.2% | 14.7% | 19.7% |