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April 27, 2022
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Gentera’s profit exceeded 1,000 million pesos in the first quarter of 2022

Gentera's profit exceeded 1,000 million pesos in the first quarter of 2022

In the first three months of 2022, peoplewhose main asset is let’s share bankachieved important results, with one of the five best profits in its history, and a record portfolio balance.

According to its results report, in the first quarter of 2022, people registered a profit of 1,005 million pesos, a growth of 165.9% compared to the same period of 2021, when it was coming out of the ravages of the covid-19 pandemic.

As for the group’s credit portfolio, it reached the highest figure in its history, with a balance of 49,321 million pesos, which represented an increase of 23.6% compared to 39,889 million in the first quarter of 2021.

“At the end of the first quarter, Gentera’s credit portfolio achieved the highest figure in its history, reaching 49,321 million pesos, a growth of 23.6% compared to the first quarter of 2021; and reported 1,005 million in net income, which represents one of the five best quarterly results in its 31-year history,” he said. Enrique MajosCEO of Gentera.

BanBajío

BanBajío It was another of the banks that reported results this Wednesday, and here the profit reached 1,526 million pesos, 61.5% more than in the first quarter of 2021, when it was 945 million.

And although the bank’s total portfolio remained practically at similar levels, the business or commercial portfolio, a strategic niche of BanBajíogrew by 2.7%, highlighting the rebound in agribusiness of 5.2 percent.

The consumer portfolio, for its part, increased 14.9%, driven by the strong increase in credit card Y payroll loans.



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