Grupo Aval Acciones y Valores (NYSE:AVAL) Announces Earnings Results, Misses Expectations By $0.03 EPS

Grupo Aval Acciones y Valores (NYSE:AVAL) released its quarterly earnings results on Monday. The bank reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.03), Zacks reports. Grupo Aval Acciones y Valores had a return on equity of 2.48% and a net margin of 2.24%.

Grupo Aval Acciones y Valores Stock Performance

NYSE:AVAL traded down $0.01 during mid-day trading on Monday, hitting $2.83. The stock had a trading volume of 24,432 shares, compared to its average volume of 80,905. The company’s 50 day simple moving average is $2.71 and its 200 day simple moving average is $2.46. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.00 and a current ratio of 1.03. The stock has a market cap of $3.35 billion, a price-to-earnings ratio of 16.62 and a beta of 0.83. Grupo Aval Acciones y Valores has a twelve month low of $1.94 and a twelve month high of $3.32.

Grupo Aval Acciones y Valores Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, May 9th. Stockholders of record on Friday, May 2nd were issued a $0.0084 dividend. This represents a dividend yield of 3.65%. The ex-dividend date was Thursday, May 1st. Grupo Aval Acciones y Valores’s payout ratio is 50.00%.

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.