Peoplera, controller of Banco Compartamos And from other financial entities, it maintains a firm perspective of future growth, after having registered a record quarter in net profit, despite the environment of economic uncertainty and the latent risk of a global recession. According to Enrique Majós, General Director of Peoplera, the company’s solid financial position allows them to continue drawing a sustained expansion route, even in adverse economic contexts.
“In the end we will return to stability. Before scenarios of economic instability, so far what has always happened is that the sectors such as food, health, basic services have been the most resilient to this type of contexts. Our clients are especially flexible and resilient in their activities. They are companies and microenterprises that have a small fixed cost base and, therefore, they also have a lot of flexibility to adjust,” said Majós during the conference. quarterly report.
The manager stressed that the 3 million 253,492 of clients attending Banco Comramos tend to be more resistant to economic attacks, since the products and services they offer remain demanded, which positively impacts their future growth expectations. In addition, Majós pointed out that the company’s previous experience allows them to consider the current levels of expansion as realists.
In line with this optimistic vision, the results of the first quarter of 2025 reinforce that expectation. Peoplera It reached its greatest quarterly net utility in history, with 2,221 million pesos, which represents an annual increase of 47.3%. Additionally, the return on capital (ROE) was 25.8% and the return on active (Roa) was 8.3 percent.
For its part, Banco Compramos, the main subsidiary of Peoplera that represents 64.6% of the portfolio and 71.8% of interest income, reported a portfolio of 53,456 million pesos, with a growth of 27.0% per year. In addition, it achieved a net utility of 1,545 million pesos, which represented a growth of 34.6% per year, with a 37.4% ROE and a 10.1% roa.
Together, the total consolidated portfolio of people reached 82,725 million pesos at the close of the first quarter of 2025, which represents a growth of 26.3% compared to the same period of the previous year. This performance was mainly driven by the solid dynamism of its financial subsidiaries in Mexico.
Overdue portfolio
Regarding the evolution of the defeated portfolio of Banco Comramos, during the first quarter of 2025, it was 3.89%, which represented an increase of 0.61 percentage points compared to the 3.28% recorded in the same period of 2024. However, the figure remained practically stable compared to the immediate previous quarter, when it closed at 3.88% during the fourth quarter of the quarter 2024. In this regard, Majós, explained that this behavior is related to a change in the composition of its credit products:
“We have mainly two credit products: group credit and individual credit. Individual credit typically has a level of delinquency, a little higher than group credit. If you change the mixture and start having within your credit portfolio a little more amount of the side of the individual credits with respect to what we have of group loans, since the average is slightly raised, but it is more a mixture of mixture of a mixture of a mixture of a mixture. Products, ”said Majos
